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Calgary’s Rising Population Has Led to Huge Demand in Multifamily Real Estate; Calgary Multifamily Fills the Gap of Multifamily Resources

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Calgary, Canada, November 23, 2022 –(PR.com)– Calgary has been ranked as one of the top three rated cities in the world to live in. This is evidenced by the international and interprovincial migration rate to Calgary, which has been on the rise for the last couple years. While the economic conditions of other Canadian provinces and territories have been declining, Calgary has been weathering the storm. The city’s success is attributed to pull factors such as its strong oil and gas market, as well as its large pool of skilled labour. Other contributing factors include its large investments into tech startups, inexpensive office spaces, affordability, and its high degree of accessibility. As the number of residents increases, the demand for commercial multifamily corresponds. The demand for this type of product has increased from the institutional to the amateur investor.

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