2021 Q1 Update - Canadian Economic Outlook and Market Fundamentals Report
Canadian commercial property investment market conditions stabilized during the first quarter, according to Morguard’s 2021 Canadian Economic Outlook and Market Fundamentals First Quarter Update. An increased volume of COVID-19 vaccinations reported across the nation boosted investor confidence as part of a more optimistic economic outlook despite further uncertainty triggered by a third wave of the pandemic. Low-risk industrial and multi-suite residential rental properties recorded stable-to-high transaction activity, reflecting increased confidence from the investment community. A more cautious approach was taken by investors with regard to potential office and non-essential retail property asset acquisitions.
2021 U.S. Economic Outlook & Multi-Suite Residential Rental Market Fundamentals
The U.S. multi-suite residential rental property market is projected to strengthen closer to the middle part of the current decade, following the COVID-19-induced economic contraction of 2020. According to Morguard’s second annual edition of the 2021 U.S. Economic Outlook & Market Fundamentals Report, there will be a period of softening over the near term as the pandemic continues to have a disproportionate impact on regional growth patterns. Ultimately, the sector will provide healthy risk-adjusted returns for investors over the longer term. The U.S.-focused report features national and regional trends for multi-suite residential rental properties, as well as a forecast of the sector’s expected near-term performance.
2020 Canadian Economic Outlook and Market Fundamentals Report
The 2020 Canada Economic Outlook and Market Fundamentals Report from Morguard predicts a positive outlook for commercial real estate assets in the multi-suite residential, industrial and office categories. The retail segment will remain resilient as it continues to adapt to shifts in consumer spending habits and e-commerce. In 2019, investors continued to place capital into commercial assets as Canada’s economy continued to expand, despite the global trade dispute and challenges in the oil and gas sector that impacted domestic business confidence. Commercial real estate, as one of the most attractive and stable long-term investments in 2019, will continue to attract interest from investors in 2020 with positive rental demand patterns. The report is published yearly with quarterly updates and is developed based on our experience in property management, Canadian REITs and property investment.
Download a copy of the 2020 Canadian Economic Outlook and Market Fundamentals Quarterly Updates:
Q1 | Q2 | Q3 |
2019 Canadian Economic Outlook and Market Fundamentals Report
In the 2019 Canadian Economic Outlook & Market Fundamentals report, Morguard predicts another year of robust commercial real estate investment activity in Canada, with healthy demand for quality assets. Over the last 18 months, investors placed capital into the market with confidence, resulting in record-high transaction volume. Commercial property investment shows no signs of slowing as investors continue to show interest in core properties with strong tenant profiles across Canada’s major markets – especially as density and repositioning continue to shape the real estate landscape. Morguard's report covers commercial, industrial, multi-suite residential and retail markets. It is published yearly, with quarterly updates to the report. Morguard develops these reports based on our experience in property management, Canadian REITs and property investment.
Download a copy of the 2019 Canadian Economic Outlook and Market Fundamentals Quarterly Updates:
Q1 | Q2 | Q3 |