The cost to buy a house in Calgary has surged, leading many locals to turn to the rental market. Average home prices in Calgary range from $587,300 to $676,400, making ownership unattainable for many. Calgary has seen significant growth in renter shares, with 31% opting to rent. Younger millennials and seniors over 65 dominate the rental market. Winnipeg has the highest renter share at 36.8%, followed by Edmonton at 36.2%, and Saskatoon at 34.9%.
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