Calgary's rental market is showing signs of cooling after a period of rapid growth, with rental rates rising faster than in other Canadian cities. Recent data indicates a leveling off in prices, with a decline noted over the past two months. Increased housing supply and moderating population growth are key factors in this shift. While Calgary's market remains historically high, the frenzy of immediate rentals has decreased. In contrast, Edmonton's rental market is heating up, experiencing a 12% increase in apartment rents.
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