Calgary’s Latest Economic News: Are You Ready to Shake...

Posted By CitysearchCalgary on Sunday, April 17, 2016

The drop in global oil demand and subsequent economic shakeout continue to shake up Alberta’s real estate economy. With home prices down, Calgary—along with the rest of the province—is turning into a renter’s market. Even in the luxury residential market, ...

A Less Than Positive Outlook for Calgary Rent

Posted By CitysearchCalgary on Monday, March 7, 2016

Real estate rental prices in Calgary are down and some say they may not be going back up any time soon. The city’s vacancy rate has nearly quadrupled over the span of just one year, according to the fall Rental Market Survey from the Canada Mortgage and H...

The Down Time Before the Turnaround

Posted By CitysearchCalgary on Sunday, February 21, 2016

Alberta and Calgary Shoulder Nation’s Unemployment Burden Friday’s jobless rates released by Statistics Canada confirmed what many already knew, Alberta’s economy has taken a hit this winter. Reporting on the figures, the Calgary Herald announced that over...

Pricey Rental Properties – Our CBC Interview

Posted By CitysearchCalgary on Sunday, January 17, 2016

The Citysearch team was recently contacted by CBC who had requested an interview with CBC’s Andrew Brown at our Citysearch offices in Mission to discuss the executive rental market in Calgary and how the current economy is affecting the higher scale properties throughout the ci...

The New Year is upon us…..

Posted By CitysearchCalgary on Tuesday, December 22, 2015

As Christmas Eve approaches, Citysearch would like to wish all our owners and tenants a very happy holiday season and all the best in the New Year. We eagerly look forward to 2016 for big changes to come, hopefully positive ones! The past year has been a difficult and trying time...

Bill 204

Posted By CitysearchCalgary on Sunday, December 20, 2015

Bill 204 As reported by CRA, “In the event you have not heard, Bill 204 – – Safer Spaces for Victims of Domestic Violence passed 3rd reading in the Legislature by a unanimous vote of 62-0. In spite of our collective letters to the Government and all MLA’s pointing out def...

Oil Bust or Bust?

Posted By CitysearchCalgary on Tuesday, December 15, 2015

Found this article on MSN re oil prices for your reading interest. “We are in the midst of the worst oil bust in decades. The industry hasn’t been in this bad shape since 1999, or perhaps as far back as 1986. With prices spiraling down to less than $40 a barrel, companies...

Eau Claire Re-Development Proposal

Posted By CitysearchCalgary on Thursday, December 10, 2015

The Calgary Herald recently reported “a proposal to radically transform Eau Claire — described by one councilor as the “jewel” of Calgary’s river valley — inched forward at City Hall on Monday with a unanimous first reading of the developer&rsq...

Another year coming to a close in Calgary…

Posted By CitysearchCalgary on Sunday, December 6, 2015

The end of the year is approaching and it is time where we often reflect on matters…. and develop some resolutions. Here is what I am thinking… Do an inventory of my closest relationships and ask how much peace I bring them. Determine some ways to add peace to their live...

De Beers Diamonds….Calgary’s New Best Frie...

Posted By CitysearchCalgary on Sunday, December 6, 2015

Citysearch welcomes De Beers to Calgary. From the Toronto Star, “De Beers, one of the world’s largest diamond companies, is leaving Toronto and moving its Canadian headquarters to Calgary this June. There are currently 80 to 120 people working at De Beers Toronto headquarters...