Search

Edmonton Market Summary 2021 - Q2

This quarter has seen positive pricing movement in several asset classes as the impacts of the Covid-19 pandemic move to the rear-view mirror.


The biggest movement has been in the Industrial sector, with vacancy rates dropping as leasing demand returns.


Multi-family cap rates have also continued to decline as interest rates remain low, while vacancy levels in recent months have returned to their long-run trends.


Office and retail assets remain “on hold” while investors, tenants, and purchasers wait to see what new working and purchasing behaviours will look like long-term.


Please let us know if you have any questions on the following information, or if we can help you to be confident in your decision making by providing further information and support on western Canada’s real estate market.

Edmonton Market Information Summary Q2 - 2021
.pdf
Download PDF • 680KB

32 views0 comments

Recent Posts

See All

Within recent quarters, Edmonton has seen moderate increases in industrial rental rates, and a return in people seeking retail and office space as return-to-work plans are implemented. The largest sto

Within the last quarter, Edmonton has seen: Continued stabilization in demand for office space as return-to-work plans were put on hold due to the 4th wave and return to office plans are being contemp

Within the last quarter, Edmonton has seen: Stabilization in demand for office space as return-to-work plans were put on hold due to the 4th wave, Strengthening in the industrial sector and rural indu