The COVID-19 vaccine rollout, a rosier economy and the opening of post-secondary institutions to in-person classes could all improve Calgary's residential rental vacancy rate by as early as this fall.

That's the prediction of industry watchers for a rental market that currently sits at a vacancy high of 6.6 per cent, although steady average monthly rents continue to be made even more attractive for renters by incentive offerings.

If you've decided to purchase a residential property as an investment, there are a few things you should first consider.

One consideration is whether it's a good time to buy, and the good news is that the market appears to be ripe for investment.