Rents on a downward trend in Calgary

Calgary's average rent for one-bedroom suites dropped 12% year-over-year to $1,610, and two-bedroom rents fell nearly 12% to $1,940. Month-over-month, rents declined 2.4% for one-bedrooms and 2.5% for two-bedrooms. Unfurnished one-bedroom rents slightly rose by 0.37% in June, while furnished rents fell over 4%. Edmonton saw mixed changes, with one-bedroom rents down about 1% monthly but furnished rents up nearly 3%.