Quote:
Originally Posted by puckluck2
http://www.calgaryherald.com/touch/b...tml?rel=841484
Calgary has the lowest vacancy at 1%. No surprise as a lot of people are getting $2500-$3000 off of Bungalows in Forest Lawn. Rental rates are still sky rocketing too and imo come summer the vacancy rate will be even lower with the price of rent increasing even more.
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Why will the vacany rate drop in the summer? (honest question)
I would have thought it would go up, students leaving the city for the summer, and the number properties reaching their end date of restoration post flood should be greater.