Calgary rental rates fall as vacancies increase

Rental rates for homes in Calgary are down by about 11 to 18 per cent according to one rental website. Mark Hawkins of told CBC News that with CMHC data showing vacancy rates in the city up to 5.3 per cent in October 2015 compared to 1.4 per cent a year earlier, renters can now expect to pay an average $1,581. National rental vacancies were 3.3 per cent in the October figures.

Are you looking to invest in property? If you like, we can get one of our mortgage experts to tell you exactly how much you can afford to borrow, which is the best mortgage for you or how much they could save you right now if you have an existing mortgage. Click here to get help choosing the best mortgage rate

Market update:

Get help choosing the best mortgage rate

Just fill in a few details, and we'll arrange for a Mortgage adviser to help you find the best mortgage for your needs

  • How soon do you want a mortgage?
  • Name
  • Where do you live?
  • Phone number
  • E-mail address

Industry news

Submit a press release


Do you invest in commercial properties?