Average Calgary rent for two-bedroom unit hits nearly $1,700 as vacancy plummets
Rent in Calgary grew at a rate not seen since 2007, according to the Canada Mortgage and Housing Corp.'s annual rent report.
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Rent in Calgary grew at a rate not seen since 2007, according to the Canada Mortgage and Housing Corp.'s annual rent report.
A new report suggests Calgary is seeing the highest yearly rental increase amongst all Canadian cities as vacancy rates continue to decline.
After a difficult year for Calgary renters, many are hoping for some relief in the rental market this year — but experts are warning 2024 will likely come with anything but.
Boomers, born in the 1940s and '50s, are staying in their homes longer. They also own about 41 per cent of all homes in Canada.
The trend for older people to move into rental, condominiums or other downsizing options has not been as pronounced over the past decade.