Commercial Investor Report 2017 (Western Canada Edition)
The 2017 Commercial Investor Report is out!
The report sheds light on commercial real estate in Greater Vancouver, Edmonton, Calgary, Sasksatoon, Regina and Winnipeg.
Findings in this year’s report:
– Both Calgary and Edmonton saw strong year-over-year increases in total dollar value of commercial property sales during the first half of 2017 as a result of the ongoing stabilization of the oil sector.
– Total dollar value of commercial real estate sales in Greater Vancouver declined by 37.5 per cent during the second quarter, indicating a return to market activity at levels seen prior to 2016, which was a year of record-setting activity.
– Winnipeg’s commercial market remained strong with high demand across almost all property types.
– Regina and Saskatoon slowed due to the ongoing downturn in the commodity sector; however, there is optimism due to signs of growth in the oil sector and potash industry over the past few months.
This year’s report can be customized on Design Center! Simply search for: “Commercial Report 2017”
You can also download the high resolution version.
If you have any questions about this year’s Commercial Investor Report, contact:
Social Media/Communications Coordinator
RE/MAX of Western Canada