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Thousands of new apartment units have been added in Western Canada, with thousands more on the way

Balancing housing affordability against market saturation is the next step toward a healthy housing pipeline
The East Village development in St. Albert by Landrex and Fort McKay First Nation (Michael Mulligan/CoStar)
The East Village development in St. Albert by Landrex and Fort McKay First Nation (Michael Mulligan/CoStar)
CoStar Analytics
August 27, 2025 | 1:46 P.M.

Apartment developers across Western Canada have certainly responded to the call to increase housing affordability. An unprecedented wave of construction activity is addressing a long-standing supply shortage, resulting in a significant transformation in the rental housing landscape that is both promising and cautionary.

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News | Thousands of new apartment units have been added in Western Canada, with thousands more on the way