Market sees rise in vacancies, rents
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Tag Archives: rental
Calgary apartment hunting: A rude awakening
When I told my friends I was moving to Calgary, one of the most common reactions I got (aside from “oooh, Stampede!”) was “Your rent will be so much cheaper.”
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Agent warns of rental scam
A real estate agent wants to warn the public about a rental scam that almost involved a vacant home listed for sale.
Read more: http://tinyurl.com/kelo28r
Mayoral candidate Karen Leibovici warns surging economy may cause rental housing crunch
The city needs to do more to brace for a rental housing crunch, warns mayoral candidate Karen Leibovici.
Read more: http://tinyurl.com/ocaejkl
Rebekah Caverhill, Owner Of Freeman ‘Embassy,’ Tours Home After ‘Sovereign Citizen’ Andreas Pirelli Evicted
CALGARY – A woman has seen her Calgary rental home for the first time since a self-proclaimed sovereign citizen was removed from the property last week.
Read more: http://tinyurl.com/q3p68pr
Affordability elusive in tight Calgary rental market
When Gisele Knorr’s landlord tripled her rent, she could be forgiven for thinking she’d experienced the worst of Calgary’s housing market.
Read more: http://tinyurl.com/pholqrc
In-migration, tight rental market underpin Edmonton housing starts in May
EDMONTON – Homebuilders are getting busier in the Edmonton region with multi-family construction leading the way.
Canada Mortgage and Housing Corp. said Monday there were 1,864 total starts in the Edmonton census metropolitan area for May, up from 1,246 in May 2012.
Read more: http://tinyurl.com/q24r5t3
Rental rates rising
When it comes to the Albertan city with the fastest rising rental prices, we’re number two.
The average monthly cost of renting a two-bedroom apartment in Grande Prairie increased 8.8% in 2012, trailing only Cold Lake at 10%, according to a recent report from the Canadian Mortgage and Housing Corporation.
In 2012, the average price of a two-bedroom in Grande Prairie was $1,004 – an increase of $161 in the past two years.
Read more: http://tinyurl.com/c32qhy6
Let Real Estate Help Pay for Retirement
With rock-bottom interest rates and post-housing bubble prices, the idea of buying a second home as a rental property may appeal to baby boomers looking to fortify their retirement finances.
Read more: http://www.cnbc.com/id/49518905
Rental properties at a premium in Okotoks
Finding affordable rental housing in Okotoks is increasingly difficult as vacancies are rare and rents are climbing.
Okotoks resident Lorraine Knelsen felt the impact first hand when she was recently told the rent on her one-bedroom apartment in town was going to rise by $300 per month.
Once the rent increase takes effect in January, it will bring her monthly rent to $1,150 for the apartment in a small building near the edge of the river valley on the town’s north side.
Read more: http://tinyurl.com/92l3kge