For over 25 years, and prior to its transition to Zonda Urban, Urban Analytics provided clarity on what’s selling, who’s buying and what that means for our clients at every stage of their project.
We couldn't imagine buying land, designing our projects and bringing them to market without utilizing Zonda Urban and their market knowledge. It's like having an entire research department at our disposal.
“Edmonton has seen a similar trend to Calgary with lower vacancies at an average of 8.5 percent across the market,” says Kendall Brown, manager of rental data for Zonda Urban for Alberta and Ontari
Despite rising demand, rents per square foot decreased slightly. Average rents decreased 2.2 per cent from the third quarter of 2021 to the fourth quarter.
“Judging by how active most builders continue to be during the pandemic, it seems to have been more or less fine,” says Jackson Cornelius, director of advisory at Zonda Urban, which was formerly Ur
"Townhouse and apartment benchmarks rose approximately 30 per cent year-over-year, to $771,200 and $520,700, respectively, by the end of December.
“Calgary has seen more consistent activity, as well as more consistent project launches in both wood-frame condominium and townhome projects,” said Cornelius.
“Because of the downturn in oil and gas (a few years ago), developers reassessed their projects and converted a lot of existing new condominium units to rentals,” says Jackson Cornelius, director o
