Three years ago, Calgary’s housing market was scorching – and buyers paid the (high) price. But when the price of oil tanked, the market cooled. On the bright side, that means you can score a house or condo at a deal. But anyone moving to Calgary should know that the city’s economy hinges on the oil and gas industry. Be aware, too, that Calgary is a hugely sprawling city. That means there’s a neighbourhood for everyone, from suburb-dwellers to inner-city animals.
Typical housing type:
Condos and townhouses.
Calgary’s often overlooked on the east side of the country, with eyes turning to Vancouver instead. But Calgary has a lot going on in terms of industry – and it’s a beautiful place to live, in terms of the scenery and the people. If it’s not somewhere you’ve considered, it’s worth heading into town and taking a look around. You might just fall in love with what you see!
Avg. rent by housing size:
Avg. rent compared to other Canadian cities
Calgary is on par with the Canadian average