Canada Real Estate News
Canada
Prime Global Home Price Index Jumps 8 Percent Annually in Q2
International property consultant Knight Frank says that until now, the pandemic-fuelled house prime boom was most evident in the mainstream market, but the world's prime luxury sector has now surged ahead.
Global Commercial Investment Returns with a Vengeance in 2021
According to global property consultant CBRE, with vaccinations ramping up and economies reopening worldwide, global commercial real estate investment volume grew by 98% year-over-year to $260.4 billion in Q2 2021.
Much of the World's Housing Market in a Price Bubble in 2021
International property broker Knight Frank's latest Global House Price Index is reporting that urban house prices worldwide are rising at their fastest rate since 2007 and of the 150 cities they track, 43 are now registering annual price growth above 10%.
Exploding Global E-commerce Growth Requires 1.5 Billion Square Feet of New Distribution Space
With e-commerce penetration expected to grow to 26 percent of all retail sales by 2025, the U.S. will need an additional 330 million sq. ft. of distribution space just to handle the increase in online ordering in that timeframe.
