Edmonton retail rental rates hold amid national rise, survey finds

Edmonton's retail rental rates have remained stable in several categories, contrasting with a national increase driven by low supply and high construction costs. A recent CBRE survey indicates that while rents rose in cities like Ottawa and Toronto, Edmonton's market showed minimal changes, with only slight increases in community-unenclosed, neighbourhood, and convenience/strip categories. The city's affordability is attracting both new residents and investors, particularly in suburban areas, while the Edmonton Oilers' playoff success has positively impacted the Downtown retail landscape.