Market Update

• Activity in the Fraser Valley hit a 2018 low last month by Steve Randall

  August sales were almost 40% down year-over-year

• Industrial remains the bright start in GTA commercial market by Steve Randall

  Overall CRE activity was lower in August

• Real estate, mortgage industry job outlook has improved by Steve Randall

  Hiring intentions have strengthened for Q4 2018

• New leader for Colliers in Winnipeg by Steve Randall

  Former Labatt exec joins to lead growth

• Canada’s commercial real estate investment sets new record by Steve Randall

  M&A, large single asset sales drive activity

• Fewer BC multifamily intentions mean slip for permits by Steve Randall

  Residential sector nationally was down, non-residential higher

• Sales gain for Edmonton lead by single-family by Steve Randall

  Condos also gained year-over-year

• First Nation families sue federal government over stipend cut by Steve Randall

  Manitoba families forced from their homes by flooding still renting

• BoC: economy adjusting well to higher rates, stress tests by Steve Randall

  Higher rates are coming but in line with data

• Toronto resales jump almost 9% as buyers return from the sidelines by Steve Randall

  Detached homes saw double-digit sales growth in August