25.01.2013 - Canadian commercial real estate market performs despite turbulent international backdrop
Annual investment capital flow into the Canadian real estate sector is predicted to be close to CDN$30 Billion in 2013. This is a slight dip from the previous cyclical high of CDN$32.1 Billion in 2007, but above the long term average of CDN$19.3 Billion. Solid fundamentals will continue to characterize Canada's real estate market despite a turbulent backdrop of uncertainty in international economies and financial markets. "We anticipate strong interest in Canadian real estate from a broad cross section of investors in 2013, with the REIT sector dominating transactions," said Keith Reading, Director of Research at Morguard. "Canadian property values will remain at the peak, given access to low cost capital and attractive yields." (Press Release)