Canada Multifamily National Report
Four Main Factors Driving Multifamily Fundamentals,
Supporting a Strong Outlook
Canada’s economic environment bolsters multifamily optimism. With national vacancy expected to decrease 40 basis points to 2.7 per cent, and rental rates projected to grow by 5.9 per cent by year-end, multifamily remains a strong investment vehicle. Underlying drivers are sound and investment activity should remain robust for the remainder of the year.