More balance. More options. An evolving market.
- ClearView Insider
- Sep 2, 2025
- 1 min read
After years of record in-migration and limited supply, Calgary’s rental market is showing signs of balance. The surge of new purpose-built rental completions has created more choice and stabilized conditions—giving tenants additional options and creating a more balanced environment for landlords.
In Calgary vacancy has eased from ~1.4% (2023) to ~4.6% (2024) as a record 21,000+ housing completions—nearly 9,000 purpose-built rentals—came online. This wave is moderating rent growth in 2025 and offering renters more selection.
For owners and investors this means a more stable rental landscape where amenities and service are key to standing out in a balanced marketplace.