A new report released Tuesday confirmed what Calgary renters already know: the cost of renting an apartment in the city is skyrocketing.
calgary.ctvnews.ca
Calgary is apparently now the third most expensive city to rent in after Toronto and Vancouver.
Edit, it's actually the third highest increase after Tor and Van. The wording made it sound like the third most expensive, but is actually the 25th most expensive. Looking at the 25 markets ahead of Calgary, almost all are Southern Ontario GTA, or the coast. I wonder if this will spur on more purpose built rental, or more condo projects marketed to Ontarians.
rentals.ca