Calgary Multifamily Apartment Market Research

Goals

To have a market overview created, complete with graphs and charts, for the Calgary Multifamily apartment market, using paywalled sources already in the possession of the client. An ideal response would use those sources and provide a cohesive and comprehensive report that would include One: the Calgary economy job growth, income growth, and crime rate, Two: the net in-migration to the city with data that shows what quadrant these new people are moving to in Calgary (re: the Northeast, Northwest, Southwest, or the Southeast), Three: the current apartment inventory (condo/shadow inventory and purpose built rental inventory), Four: the projected new supply of the condo/shadow inventory and purpose built rental inventory), Five: the average house price for each quadrant of the city as well as the overall city and trends for these prices, Six: the rental rates for the past decade and the projections for these rates, Seven: the cap rates for the past decade and the projections for those cap rates, Eight: the vacancy rates for the past decade and the projections for those rates, Nine: the transaction volumes for the past decade, Ten: the Canadian bond price to CMHC financing to cap rates, Eleven: the rental density where the formula will be provided by the client, and Twelve: the persons per rental unit where the formula will be provided by the client.

Early Findings

  • Wonder only uses publicly available sources to answer all research questions. If Costar is to be used (as instructed) and the client has access to that, we would have to be given a password and login in order to accomplish this research.
  • We could not conduct any preliminary research as we do not have access to Costar to accomplish this. In addition, as this is a very large ask, the initial hour of research focused on scoping this in an efficient and cost effective manner.
  • Please select one or more of the options provided in the proposed scoping section below.

Proposed next steps:

You need to be the project owner to select a next step.