Western Canada Real Estate Statistics – November 2014

Western Canada Real Estate Statistics – November 2014

Statistics courtesy of Western Investor

Commercial Real Estate
Office vacancy rate

Vancouver – 6.0%
Calgary – 8.3%
Edmonton – 8.0%
Regina – 8.9%
Saskatoon – 6.2%
Winnipeg – 11.4%

Industrial vacancy rate

Vancouver – 4.1%
Calgary – 4.4%
Edmonton – 2.8%
Regina – 3.0%
Saskatoon – 4.6%
Winnipeg – 3.5%

 

Apartment Rental Vacancy

Vancouver – 1.8%
Calgary – 1.4%
Edmonton – 1.4%
Regina – 3.4%
Saskatoon – 3.0%
Winnipeg – 3.4%

 

MLS Home Prices (all types combined)

Vancouver – $637,000
Calgary – $460,400
Edmonton – $426,000
Regina – $299,600
Saskatoon – $363,000
Winnipeg – $272,000

 

Average MLS home price projections to 2015

Alberta
2014 Price: $399,000
2015 Price: $407,800

Saskatchewan
2014 Price: $298,600
2015 Price: $303,000

Manitoba
2014 Price: $266,500
2015 Price: 272,600

[Sources: CBRE, Colliers International, Statistics Canada, CMHC Rental Market Report, CMHC Housing Market Outlook, CREA, local real estate boards and associations.] 

 


 

 

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