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Research

Report

Edmonton Office Insight - Q3 2016


​Edmonton’s unemployment rate increased reaching 7.7 percent as of September (up 280 bps from January 2015 levels – when oil prices were in the midst of a steep decline), reflecting further that the city is not immune to the decline in oil prices. Demand remains weak in Edmonton and total vacancy increased 180 basis points to 12.5 percent in the third quarter. 

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