Canadian real estate investment volume on track to rise 19% from a year ago
CBRE says in its Canada Commercial Real Estate Market Outlook 2013 that investment volume in 2012 is on track to total more than $28.1 billion in 2012. That amount is up more than 18% from 2011, as prices continue to climb in light of strong investor demand. According to the report, real estate investment trusts will account for approximately 40% of transactions in 2012 and are expected to remain active in 2013, purchasing more than half of all properties sold next year. Total investment volume in 2013, however, is expected to be about 10% less than 2012 estimates at approximately $25.8 billion.