The report found there were only 82 transactions valued at more than $1 million in the second quarter of 2015. All told, the investments totalled $344 million.
That’s down 60% from the first quarter and represents a decline of 42% compared to the same period last year.
RealNet said there was a significant slump in the office, industrial and residential land sectors.
Are you looking to invest in property? If you like, we can get one of our mortgage experts to tell you exactly how much you can afford to borrow, which is the best mortgage for you or how much they could save you right now if you have an existing mortgage. Click here to get help choosing the best mortgage rate
Investment Hot Spots:
Colebrook, Southampton, Cannington, Balmoral, Pont-Viau
Calgary’s commercial market seems to have slumped, according to a new report by RealNet Canada.