Canadian Real Estate Getting Stronger…Commercial, Not So Much
With the good news of Canadian real estate recently posting its fourth-strongest sales figure ever in the second quarter, commercial real estate seems to have nothing to bring to the table. But is this true? Most would argue it is not; Canadian commercial real estate is simply taking longer to get back on its feet than residential real estate. And while the economy is getting stronger with provinces like Quebec creating over 8,000 new jobs, it looks as though it is moving with the U.S. economy. There is a cycle to real estate, the question is, what part of the cycle is commercial real estate in?
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Check out this article I found and decide for yourself.