We have to be realistic I think we have peaked here right now, said Mike Bucci, vice-president with Bucci Developments, indicating the rapid growth of Calgary's rental market might be tapering off.
Typically, August is the busiest rental month because that's where you get the surge, especially students who are looking for permanent rentals. That didn't really happen in Calgary, said Giacomo Ladas.
Rents were incredibly strong probably the highest they've ever been earlier this year. Fifteen people would be going to see a unit at a time. It would be renting the day that it gets posted, said Kyle Dovigi.
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