Verified community reviews, ratings & feedback about living in Calgary
Calgary’s economy is on the rebound In February 2022, Canadian crude oil prices surged to over $70 US per barrel, an increase of 75.3 per cent compared to 2021, signalling a resurgence in the oil and gas sector. Calgary’s tech sector is also thriving, with Amazon Web Services recently announcing plans to open a cloud computing hub near the city, bringing $4.3 billion in investment and up to 950 jobs to the region. Calgary’s growing economy, coupled with a massive increase in demand for logistics and distribution space, will continue to provide opportunities for investors until inventory catches up with demand. Decreasing vacancy and increasing demand have caused cap rates to compress, signalling gains for all industrial asset classes. Colliers’ 2021 Q4 Canada Cap Rate report showed class-A industrial experienced a 1.5 per cent year-over-year decrease in going-in capitalization rates. Demand from both institutional investors and private capital has been strong over the past 12 months as investors have been able to recognize a material spread in yield between the Calgary market and Toronto/Vancouver markets.
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All reviews on this page are verified from actual residents of Calgary. We authenticate each submission to ensure genuine feedback about living in the community. Ratings are based on resident experiences and may change over time.
Common questions from people considering moving to Calgary
Calgary pre-construction developments such as condo, townhomes and detached homes available or coming soon in Calgary Calgary, Alberta. The prices for these developments range widely and the unit sizes also vary. Some developments have not yet released pricing details or begun accepting registrations. It is important to note that the completion dates, pricing, and deposit structure for these developments may be subject to change.
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Calgary
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