Canadian commercial real estate transaction volumes from January through June increased by 60.2 per cent, year-over-year, from $4.9 billion halfway through 2009 to $7.8 billion half way into 2010. In news of interest for those who buy house Toronto, Mid-year through 2010, the number of commercial transactions was 2,243, up from 1,565 transactions completed halfway through 2009.
Meanwhile, The Mid-Year National Investment Report by CB Richard Ellis Limited (CBRE) stated that the combination of lower bond rates and increased availability of debt bolstered purchaser activity in Real estate for sale Toronto Market, driving year-over-year transaction volumes upwards during the first six months of 2010.
John O’Bryan, vice-chairman, CB Richard Ellis Limited said that current mid-year transaction volumes reveal the market has rebounded from the recession. The market is also healthy, more normal and sustainable numbers when compared to the same period last year. There is signal in the numbers that the second half of the year typically shows stronger activity than the first, he added that the sell real estate Toronto market is on the threshold to finish the year on strong note.
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