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Alberta's reliance on the cyclical nature of the oil and gas industry has often meant feast or famine for employment and growth in the province. Since oil prices began their collapse in the latter half of 2014, the entire province has been painted with the same brush of pessimism and risk. Early signs in 2017 indicate that this sentiment is about to change. As the market improves, investors are looking to capitalize on multi-family opportunities in Edmonton as a safe and lucrative investment. Despite strong demand for multi-family investments, there continues to be a lack of product for sale on the market. This report analyzes multi-family investment over 2016 as well as trends in the multi-family market moving forward through 2017 and into 2018.
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