Tag: tenant turnover
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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 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…