Many leases on suites across the city end this month, prompting listings to rise for rental units. This is a great time for this to be happening because Calgary is currently in a buyer’s market. This means that buyers (or renters, in this case) can be more selective since there is a lot on the market but not a lot of demand.
In this buyer’s market, renters have the upper hand. If you are renting and your lease ends soon, it is time to take a look at your lease and evaluate if you are happy with it remaining unchanged for another length of time. For those of you unhappy with the current agreement, now is your time to negotiate.
The first thing to consider before attempting a negotiation is that even though the market favours renters right now, there…
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