{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Real Estate Development: The Curtis Way","title":"Canadian Apartment Update: Fall 2026 w/guest Paul Chaput","html":"","width":"100%","height":180,"duration":2327,"description":"Apartment markets across Canada are changing. With rising vacancies, shifting rental rates and billions of dollars in new construction underway, are developers facing an oversupply problem today and a housing shortage tomorrow?\nIn this episode of the RMS Real Estate Development Podcast, Curtis Way welcomes Paul Chaput, an experienced apartment investment professional, for an in-depth look at the state of Canada's multifamily real estate market, with a particular focus on Western Canada.\nPaul shares what he's seeing in apartment investment activity across Edmonton, Calgary, Winnipeg, Regina, Saskatoon and Vancouver, including why Edmonton has emerged as one of the country's strongest markets for apartment transactions. With approximately $1.3 billion in Edmonton apartment sales over the past 12 months compared to $585 million in Calgary, the differences between these two Alberta markets are becoming increasingly significant.\nCurtis and Paul explore the factors driving those differences, from rental rates and vacancy levels to capitalization rates, construction costs and CMHC financing. They discuss why some investors are finding better opportunities in Edmonton, why Calgary's rental market has softened and how financing programs continue to shape the economics of apartment development and investment.\nThe conversation also turns to Vancouver and Toronto, where struggling condominium markets are forcing developers to reconsider their projects and explore purpose-built rental housing. Paul shares insights from the Canadian Apartment Conference, including how investor sentiment is changing and why some Eastern Canadian investors are beginning to look west for opportunities.\nCurtis and Paul also examine the challenges facing condominium investors, the growing trend of converting older condominium buildings back into rental properties and the difficult financial situations some owners are experiencing.\nLooking ahead, they discuss one of the biggest questions facing...","thumbnail_url":"https://img.transistorcdn.com/5eQo2D8W4oiNbjFgdZuzA7bmPWTkQVpDlIUJAWJz9Ks/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS85YzYy/NjUxOTYwOTNmMThk/YzY5ZWE2MDA5YTNi/NDc3NC5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}