2014 Canadian Market Outlook

Keep Your Competitive Advantage with the Latest CRE Market Insights



The 2014 Canadian Market Outlook report provides a forecast of market trends and drivers in the Canadian commercial real estate market. Our goal through this report is to provide credible industry insight for owners, investors, lenders and lease-holders that can be used to make confident business decisions.

 

Market Outlook Canada 2014  Steady and stable may be the overall conjecture for Canada’s commercial real estate market in 2014, but that’s not to say there won’t be dynamic elements. In addition to tremendous development in many industrial markets across the country, pockets of retail and office space are expected to record increased demand for space in the coming year. For the first time in decades, multi-housing construction is on the rise and rental stock is growing in various markets across the board.

With Canada in the midst of a new development cycle, it’s safe to say most markets and property types are responding to healthy demand by building a significant amount of new commercial real estate. While the full impact of this new supply won’t be apparent for several years, the numbers are already impressive with some 6.0 million SF of office space coming into the market in 2014. In the meantime, a lack of volatility in the Canadian economy coupled with steady job growth continues to keep Canada on the radar for new capital investment.