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Stories Tagged - Competition

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News

June 11, 2021 | Barb Livingstone

Calgary rental market struggles with high vacancy, but improvement is on the horizon

The COVID-19 vaccine rollout, a rosier economy and the opening of post-secondary institutions to in-person classes could all improve Calgary's residential rental vacancy rate by as early as this fall.

That's the prediction of industry watchers for a rental market that currently sits at a vacancy high of 6.6 per cent, although steady average monthly rents continue to be made even more attractive for renters by incentive offerings.

SOLA, a new "smart" condo development in Kensington, is one example of how developers are shaking up their offerings to stand out in a crowded marketplace. 
Courtesy of the Ocgrow Group of Companies
News

March 09, 2021 | Stefan Strangman

Adapt or die: Calgary condo developers embrace innovation and affordability to succeed in crowded COVID-19 market

COVID-19 has undoubtedly changed how Calgarians live their lives. According to market analysts, it has also started to affect where they live and how they buy homes, and condo developers have been forced to adapt.


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