Saskatoon Multifamily Report Q4 2019

A surge in demand, fueled by an improved unemployment rate, has reduced the amount of rental space within the market. At the end of 2019, the multi-family sector transitioned to a balanced state with vacancy decreasing to 5.7%. This decline is significant as vacancy has reduced by nearly half since 2016.

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Richard Jankowski

Managing Director | Saskatchewan Brokerage

Saskatoon

As Managing Director of Saskatchewan Brokerage operations, Richard's focus is on creating and executing growth strategies through business development and service excellence. In this role, he provides leadership and professional development to the Saskatchewan brokerage teams located in Saskatoon and Regina. Richard has extensive experience in various aspects of commercial and industrial development, commercial real estate operations, project and asset management, and human resource administration. He joined Colliers International after prior roles as a General Manager at Viterra, Chief Operating Officer at FarmPure Foods and most recently, as Managing Director at Avison Young where he spent the past 11 years.

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