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Cushman and Wakefield Research Canada has released the July National Employment Report with the numbers. The report reveals that in July the unemployment rate fell while employment rose by 94,000, and the number of Canadians working from home has hit its lowest level since October 2020.
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Cushman and Wakefield Research Canada have released the Q2 Marketbeat to provide you with the answers. The report unveils that early indicators point to a slow recovery, and says "as restrictions gradually lift across the country and the vaccination program now in full swing, there is hope that the worst may be over." The report states that in Q3 2020 "absorption hit an all-time negative low of close to 6.5 million sf" but this quarter was around negative 3.7 million sf.
Cushman and Wakefield Research Canada has released the Q2 2021 National Industrial Market Beat. The report uncovers that demand for industrial commercial real estate has continued to reach record highs. Revealing that new construction is expected to slow down in 2022, but the market shows no signs of slowing for the remainder of 2021.
Cushman and Wakefield Research Canada has just released the Q2 2021 Canadian Cap Rate Report. The report dives into commercial cap rates on the Canadian market, as well as providing insight on 2021 market projections.
"The Canadian Industrial market remains hot, while the office market may be showing early signs of improvement."