Mid Year 2023: Commercial Real Estate Update

Market Updates
Written By Melissa Saretsky

The mid-year report by CRE is now available. The Edmonton market saw positive investment activity in Q2 with an additional $962.1 million in property and land sales, which continued the momentum from Q1. Year-to-date dollar volume increased by around 18% compared to the same period in 2022, indicating investment levels remain higher than pre-pandemic levels. You can find the full report below.

Here you will find a detailed breakdown of each sector:

  • Office

  • Multi-Family

  • Indursital

  • Retail

  • Commercial Condos

  • Land

Reach out with any questions or if you would like more details about a certain property.

Melissa Saretsky
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