While the largest cities in Alberta continue to experience a decline in rent prices, two spots in the province are seeing a rise in their prices.
According to the latest National Rent Report from Rentals.ca and Urbanation, most cities in Alberta are seeing a year-over-year decline in rent, with just two spots kicking that trend and seeing a rise.
The average asking price for all residential properties in Canada declined 3.1 per cent year-over-year in November to $2,074, marking the 14th consecutive month of annual decreases.
A bunch of cities in Alberta are seeing annual decreases, with Airdrie leading the pack at $1,418 for a one-bedroom, a seven per cent price drop year-over-year. Its total average came out to $2,024.
Calgary followed at $1,539 for a one-bedroom, a 5.8 per cent price

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