James Glen’s Post

Net Effective Rents (NERs) have seen growth of 10-20% since 2019, with industrial assets leading the way. But some surprising trends are emerging in retail markets, particularly in the Maritimes and Quebec. While rents rise, inflation remains a challenge. Learn more about these trends and what they mean for the market. Read the full report: https://ow.ly/l1yH50UeUxe #CommercialRealEstate #NetEffectiveRent #MarketTrends #RealEstateInsights

Net Effective Rents (NERs) have seen growth of 10-20% since 2019, with industrial assets leading the way. But some surprising trends are emerging in retail markets, particularly in the Maritimes and Quebec. While rents rise, inflation remains a challenge. Learn more about these trends and what they mean for the market. Read the full report: https://ow.ly/vRfI50UeukG #CommercialRealEstate #NetEffectiveRent #MarketTrends #RealEstateInsights

Net Effective Rents (NERs) have seen growth of 10-20% since 2019, with industrial assets leading the way. But some surprising trends are emerging in retail markets, particularly in the Maritimes and Quebec. While rents rise, inflation remains a challenge. Learn more about these trends and what they mean for the market. Read the full report: https://ow.ly/EHH650UcVCM #CommercialRealEstate #NetEffectiveRent #MarketTrends #RealEstateInsights

Net Effective Rents (NERs) have seen growth of 10-20% since 2019, with industrial assets leading the way. But some surprising trends are emerging in retail markets, particularly in the Maritimes and Quebec. While rents rise, inflation remains a challenge. Learn more about these trends and what they mean for the market. Read the full report: https://ow.ly/z3KX50Ufhb9 #CommercialRealEstate #NetEffectiveRent #MarketTrends #RealEstateInsights

Prices have dropped from pandemic highs but remain above pre-pandemic levels. Sales are slower, with more conditional buyers as market conditions shift from weak to neutral. Higher interest rates challenge affordability, yet some buyers are optimistic, expecting rates to stabilize. Interest in cross-regional purchases is rising, especially among Aucklanders seeking remote-work lifestyles. High-value properties with unique features remain attractive. Improved connectivity will keep expanding buyer reach. The impact of new land protection policies is still uncertain under the new government. Learn more > https://buff.ly/3x60fmK

The Q2 2024 Market Insights report is in, and the trends are promising 🌟 Here are some key highlights - Click here for the full report: https://lnkd.in/gk2eFp2r 📈 Renter Demand: We’re seeing increased renter demand, leading to improved vacancy rates for the first time in two years—down 40 basis points to 6.5%. 🏢 Strong Supply: Over 1,000 new units have been delivered in H1 2024, enhancing market supply. 💵 Rising Rents: Asking rents climbed 0.8% this quarter to an average of $1,307, with a 2.5% increase year-over-year. 📊 Sales Surge: Total sales have more than doubled compared to last year, with a median price of $161,000 per unit and cap rates at 6.5%. The Albuquerque market is showing resilience and growth. Let’s connect to discuss these insights! #Albuquerque #NewMexico ##MarketInsights #Multifamily

Niagara’s economy will defy expectations and could outperform the province and the nation over the next two years, says Niagara Region’s manager of economic research and analysis. During a recent meeting of the municipality’s planning and economic development committee, Blake Landry told regional councillors that while Niagara’s gross domestic product (GDP), the total value of all goods and services produced in an economy, grew minimally at 0.4 per cent over the past year, he anticipates it will improve by 2.4 per cent from the second quarter of 2024 to the same period in 2025. Read more here: https://lnkd.in/e3RES79u

A new WalletHub report ranking the U.S. metro areas with the highest rates of inflation was released this week, rating cities where prices for everyday items have truly soared. The report ranks U.S. metro areas based on an index that’s weighted equally between year-over-year inflation and inflation over the past two months as of June 2024. Though the national year-over-year inflation rate has dropped to 3%, it has hovered around 5% in the cities with the highest inflation rate - click to learn which city is No. 1: cnb.cx/3WoJayo

Inflation’s persistence coupled with growing national rents suggest that rate cuts may be pushed even further back this year. According to our May National Rent Index, both one and two-bedrooms increased 1.2% this month, settling at medians of $1,504 and $1,865, respectively.

Unexpected Jump in Prices May Push Rate Cut Timeline. Dive deeper into the latest report to uncover insights on employment, grocery prices, apartment rents, and Fed's possible moves. Download the full report for a comprehensive analysis: https://lnkd.in/gsmUdEZ4 #vhgcregroup #marcusmillchap #inflation #investinginsights #cre