Touted in recent years as one of Canada’s most affordable big cities, Calgary’s rental prices are now increasing faster than any other large market in the country.
That’s according to a recent report by Rentals.ca, an online marketplace that leverages data from new apartment listings across Canada. The report found that in July, the price of a one- and two-bedroom rental increased by 17 per cent year-over-year — the highest jump in the country.
It now costs an average of $1,718 for a one-bedroom apartment and $2,121 for a two-bedroom apartment in Calgary.
Giacomo Ladas, director of communications with Rentals.ca, says he doesn’t
