REALTORS® serving Calgary and area

 

CREB Now Logo

Calgary's trusted source of real estate news, advice and statistics since 1983.

 


Stories Tagged - migration

Getty Images

June 11, 2021 | Barb Livingstone

Calgary rental market struggles with high vacancy, but improvement is on the horizon

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.

Becky Walters, who retired from real estate in 1995 and moved to Vancouver Island, said it has been “quite an adjustment” leaving the business. Photo courtesy Becky Walters.

July 21, 2016 | Cailynn Klingbeil

55 Years of Real Estate: 2013 CREB® Past President Becky Walters

Former CREB® president Becky Walters remembers how communities rallied in following natural disaster in 2013

Becky Walters remembers 2013 like most Calgarians do – one equally fraught with harrowing tales of devastation and inspiring stories of community spirit following a historic flood that left many communities underwater.

In June 2013, Alberta experienced heavy rainfall that sparked 32 states of local emergency in communities throughout southern Alberta and resulted in billions of dollars in insurable damages.

"It was something that affected the whole city, of course," said Walters, who, six months earlier, had become president of CREB®.


Connect With Us