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Edmonton’s multifamily market navigates a supply-driven reset

Construction pushes up vacancy and incentives
Altarius Residences by Pinto Properties, in the Garneau area of Edmonton, completed construction late last year. (CoStar)
Altarius Residences by Pinto Properties, in the Garneau area of Edmonton, completed construction late last year. (CoStar)
CoStar Analytics
June 12, 2026 | 12:28 P.M.

Edmonton’s apartment rental market continues to wrestle with two competing forces: population-driven demand growth and the weight of new supply.

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