05/11/18 Commercial Real Estate Cap Rates in Major Markets
The Party’s Not Over…Yet
With Canada’s overnight lending rate up 75 basis points to 1.25%, and further bumps expected through 2018, subtle changes are occurring in specific markets and asset classes.
These glimpses offer the first evidence that cap rate compression may be reaching a tipping point as we head into the ninth year of a record-long growth cycle. Make no mistake though; demand for commercial real estate in Canada remains ferocious.
So, what’s going on? Find out by reading our Q1 2018 Cap Rates Report.
National Director of Research, Canadian Markets
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