News
July 12, 2012 | CREBNow
A spurt in Calgary's population growth, plus a strong economy and rising home prices is starting to make its mark on the city's rental vacancy and in turn could mean changes for the housing market.
The average apartment vacancy rate in Alberta's urban centres decreased from 4.7 per cent to three per cent between April 2011 and April 2012, according to the Canadian Mortgage and Housing Corporation (CMHC).