Edmonton Total Commercial Real Estate Investment Down Despite Apartment Upswing
Altus Group | August 31, 2016
Altus Group, a leading provider of commercial real estate services, software and data solutions, today announced the second quarter of 2016 commercial real estate investment market results for the Edmonton Capital Region. In total 164 sales transactions, totalling $538 million, were recorded. Sales volumes were down 11% from the previous quarter. The top performer in Q2 2016 was the Apartment sector, accounting for almost one-third of total sales volume; 15 transactions totalling $171 million were recorded, an increase of 148% from the first quarter of 2016.