February 7th, 2013
According to the Canada Mortgage and Housing Corporation (CMHC) things are looking good for Calgary landlords. The rental market in the city is tightening up. Rents are increasing and vacancies are declining.
This is great news for landlords who have faced lots of challenges recently with so many bad tenants out there.
Cho also predicts there will be more construction of rental property accommodation in 2013. This is a great opportunity for investors to purchase new, attractive, high quality properties.
The Calgary market is growing fast and a great opportunity for landlords and investors. Edmonton and other Alberta cities are also seeing amazing growth and improving conditions.
Vacancies are low and rents are rising. Alberta also has the most fair rules for landlords and tenants in Canada.
With new rental stock being built investors should seriously consider getting into our growing market.
To discuss this and other landlord and tenant issues, go to the largest landlord and tenant forum in Canada and network with thousands of other like-minded landlords and investors! Go to the Alberta Landlords Forum.
Tags: Rental property, Vacancy Rate
