RE/MAX Commercial Investor Report 2015
By John Carter on Thursday, September 24th, 2015 in Market Reports. No Comments
The RE/MAX Commercial Investor Report 2015 (Western Canada Edition) is out!
Highlights of this year’s report:
- Sales in most of Western Canada were impacted by low oil prices
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A bright spot was multi-family residential in Edmonton – sales increased by 45 per cent year-over-year, driven by continued low vacancy and high rental rates in the city.
- Saskatchewan’s diverse economy has helped mitigate the overall impact of falling oil prices
- There were 591 sales in Greater Vancouver in the second quarter of this year, which marked the busiest quarter for commercial sales in the past 5 years
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