Tag: Killam Apartment REIT
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Halifax landlord: Canada’s rental market returning to historical norms
Halifax-based landlord observes normalization in Canada’s rental market A leading Halifax-based landlord, Killam Apartment REIT, which owns thousands of rental units across Canada, says it’s witnessing a return to historical norms in two key indicators: the pace of rent growth and the share of tenants moving out. As the country navigates shifting demographics, interest rates,…
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Halifax landlord sees rent market returning to historical norms as vacancies tighten
Halifax landlord group reports a shift back to historical rental norms A prominent Halifax-based landlord with a substantial national footprint says the rental market is drifting back toward the historical norms that many tenants and observers have long understood. Killam Apartment REIT, which owns thousands of apartments across Canada, disclosed early indicators that rent increases,…
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Halifax Landlord Signals Rental Market Returns to Historical Norms Across Canada
Halifax-Rooted REIT Spots Return to Historical Norms in Canada’s Rental Market A prominent landlord with deep roots in Halifax and a broad footprint across Canada is signaling a shift back toward the rental market norms seen before the surge in demand during the pandemic. Killam Apartment REIT, a significant owner of rental properties in multiple…