Calgary Apartment Vacancy Rate Decreases in 2012 – Dec. 15, 2012

CMHC’s fall market survey indicates that Calgary’s downtown rental vacancy rate dropped to 0.5% in 2012 from an already tight 1% in 2011 due to strong interprovincial migration and Real Estate Investment Network president Don Campbell is quoted as saying this low vacancy rate should grow demand for resale housing in 2013 and new housing in 2014.   Read More…