Posted on

Rent expected to go up by 4% in Calgary this year: report

Despite being in an economic downturn, renters in Calgary can expect to be handing more money over to their landlords this year.

According to a new report from Rentals.ca, the average rent in Calgary is set to increase by four per cent in 2019.

“You’d think there’d be a correlation — if home prices are declining, that we’d see maybe the decline in rent rates as well,” the site’s CEO Matt Danison said.

Full story: https://globalnews.ca/news/4876533/calgary-rent-increase-2019/

Leave a Reply

Your email address will not be published. Required fields are marked *