Edmonton’s average vacancy rate increased 50 basis points reaching 6.8% in H2 2017.

Rental rates for two-bedroom suites have increased 0.7% to an average of $1,159 per month in H2 2017.

Vacancy in older product, built prior to 2000, reached 7.2%, starkly contrasting activity in newer builds, which reported vacancy of 5.3% at the end of H2 2017.

Total Sales Volume is down 58.1% year-over-year reaching $324.7 million in 2017.