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I have been seeing in the news that Alberta is doing better and the economy is growing. During a conference hosted by the CMHC (http://www.cmhc-schl.gc.ca/) in December, they discuss how they predict that Alberta will grow in 2012 and the coming years. At the time of conference I was seeing some improvement but not anything too exciting until recently. Magnum at the end of March had no vacancies in Calgary, Red Deer and Fort McMurray. In Edmonton we have only 2.2% vacancy which is awesome!
I am really proud of my managers and all of the hard work showing and leasing units in the past couple of months.
If you are an investor and have properties in Alberta, please contact us to manage your property, we need more properties for our tenants.