Marketbeat – Multi-Family
H2. 2024 Multifamily
Posted: January 2025
The second half of 2024 saw 82 multifamily properties transact at a total sales volume of $925.9M.
H1. 2024 Multifamily
Posted: July 2024
The first half of 2024 saw 65 multifamily properties transact at a total sales volume of $413.1M.
H2. 2023 Multifamily
Posted: February 2024
The multifamily sector saw 74 properties transact with a total sales volume of $619.6M in the second half of 2023.
View Report PDF
H1. 2023 Multi-family
Posted: July 2023
Edmonton’s multifamily market booms with $580.7M sales in H1 2023, driven by migration, tight vacancies, and investor sentiment.
View Report PDF
H2. 2022 Multi-family
Posted: January 2023
Record-high migration numbers, an improving labour market and universities returning to in-person classes brought 2022’s vacancy numbers closer to the 2019 level after 2 years of historically high…
View Report PDF
H1. 2022 Multi-family
Posted: July 2022
Multi-family sales in 2022 so far have totalled over $460M, resulting in a 232% year-over-year increase since this time last year. Multi-family sales have recovered to 2020 levels after dropping…
View Report PDF
H1. 2021 Multi-family
Posted: July 2021
Until the overall health of the local economy improves, multifamily vacancy is expected to continue to increase this year. The increase can be largely attributed to a surge of new supply slated to…
View Report PDF
H2. 2020 Multi-family
Posted: January 2021
Sales in the second half of 2020 recorded $100M, as both private groups and large institutions continue to show interest in Edmonton.
View Report PDF
H1. 2020 Multi-family
Posted: July 2020
Multifamily sales in 2020 have so far totaled $458.6M, a 60.0% increase year-over-year. Centurion’s acquisition of the Devonshire Portfolio and the Mayfair on Jasper, which totaled $305M, dominated…
View Report PDF
H2. 2019 Multi-family
Posted: January 2020
Multifamily property sales declined by 15.6% year-over-year, with a total sales volume of $438 million and total land transaction value of $126 million in 2019. Although the lack of several…
View Report PDF
H1. 2019 Multi-family
Posted: August 1, 2019
Multi-family asset sales were strong in 2018 with sales totaling $567 million and have continued to show strength as several high-value transactions were recorded halfway through 2019.
View Report PDF
H2. 2018 Multifamily
Posted: January 31, 2019
Despite decreased vacancy and increasing expenses, multifamily property continues to appeal to purchasers who seek a relatively stable cash flow. The total transaction volume in 2018 was $454 million. Volume was down 3.2% from 2017 which saw $469 million in sales.
View Report PDF
H2. 2017 Multi-family
Posted: January 30, 2018
Multifamily property sales have declined marginally year-over-year, with a total sales volume of $521 million at the close of 2017, a 2.9% decrease.
View Report PDF
H1. 2017 Multi-family
Posted: July 17, 2017
Low interest rates fuel both demand for reasonably priced product and the desire to retain well performing assets. Only aggressive purchasers will win over hesitant vendors.
View Report PDF