Mortgage News
Alberta Rental Market Report
This spring 2012 release from the Canada Mortgage and Housing Corporation gives detailed information regarding the Alberta rental market.
Published
This report from the Canada Mortgage and Housing Corporation (CMHC) is a detailed summary of the results of their yearly rental property survey in Alberta. In this report, you will find statistics relating to rental costs and availability, and how these are affected by job and population growth.
Highlights of this report include:
- In both the Calgary and Edmonton census areas, apartment vacancies declined compared to last year's results.
- The average rent for the province came in at $961 per month. Medicine Hat has the lowest average rent and Wood Buffalo has the highest.