Calgary’s rental market remained stable through 2025, even as the city delivered one of the largest increases in purpose-built rental supply in decades. Calgary’s rental market is entering a period of sustained balance, supported by strong development momentum and shifting renter preferences toward purpose-built product.   • Vacancy held steady at 5% in 2025, signaling balanced supply and demand despite a sharp rise in completions. • Purpose-built rental supply grew by 11%, t

CIBC’s latest housing market report highlights a sharp divergence across Canada. While Ontario and B.C. continue to struggle with rising inventory, Alberta remains one of the strongest markets for new construction.   Housing starts: Alberta is stabilizing at an historically elevated pace of ~60,000 units annually, a level well above long-term averages. Regional contrast: In Toronto and Vancouver, the condo sector remains in retreat, while purpose-built rental is surging. By c

After years of record in-migration and limited supply, Calgary’s rental market is showing signs of balance. The surge of new...