The Edmonton Industrial market is moving in a positive direction, however the speed of growth compared to previous quarters leaves a lot to be desired.
- The overall vacancy remained essentially unchanged, as substantial new supply matched the positive absorption.
- Industrial property sales have decreased dramatically since previous quarters, dropping nearly 80% since Q2.
- Edmonton had modest net growth of new residents, a promising sentiment since Q4 2017 and prior that saw many months of outflow.
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