For the first time since 2002 apartment vacancies are seeing a slight increase – this according to The Canadian Mortgage and Housing Corporation. Rates are at 1.5 percent, up from 1.2 percent at this same time last year. This is good news that is clouded by the expectation that rents are going to increase even more – by at least $100.
There are rentals out there, and my Edmonton page sees quite a bit of traffic, and is actually one of the most heavily used pages for listings on the entire site. Â This may be a great time to make a move, since the holiday season is typically the slow season for renters!