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Millennials don’t just want to live in the City of Vancouver/987/metro-vancouver-6-18-18-millennials-avoid-vancouver<img alt="" src="/united-states/en-us/PublishingImages/Snapshots/people-hipsters-higher-education.jpg?RenditionID=6" style="BORDER:0px solid;" />/canada/en-ca/research/snapshots/987/metro-vancouver-6-18-18-millennials-avoid-vancouverMillennials don’t just want to live in the City of VancouverThe City of Vancouver is without a doubt the first choice for millennials when choosing where to live in Metro Vancouver.
Distribution of industrial inventory across submarkets in the Greater Montreal Area/950/montreal-5-29-18-industrial-inventory-distribution<img alt="" src="/united-states/en-us/PublishingImages/Snapshots/industrial-loading-dock-forklift.jpg?RenditionID=6" style="BORDER:0px solid;" />/canada/en-ca/research/snapshots/950/montreal-5-29-18-industrial-inventory-distributionDistribution of industrial inventory across submarkets in the Greater Montreal Area​The above map outlines the distribution of industrial inventory across each of the ten submarkets of the Greater Montreal Area.
Direct average asking net rent continue its upward trajectory as vacancy continues to drop/926/metro-vancouver-5-21-18-average-asking-net-rent<img alt="" src="/united-states/en-us/PublishingImages/Snapshots/abstract-modern%20architecture-close-up.jpg?RenditionID=6" style="BORDER:0px solid;" />/canada/en-ca/research/snapshots/926/metro-vancouver-5-21-18-average-asking-net-rentDirect average asking net rent continue its upward trajectory as vacancy continues to dropThe average direct asking net rent as of Q1 2018 for the Metro Vancouver market stands at $25.11 per square foot per annum, which represents a 2.2 percent increase quarter over quarter and 8.3 percent increase year over year.
Time to pound the pavement! Quarterly investment in commercial construction permits just broke $2 million/893/toronto-4-30-18-commercial-construction-permits-broke-2-million<img alt="" src="/united-states/en-us/PublishingImages/Snapshots/banking-currency-and-pen.jpg?RenditionID=6" style="BORDER:0px solid;" />/canada/en-ca/research/snapshots/893/toronto-4-30-18-commercial-construction-permits-broke-2-millionTime to pound the pavement! Quarterly investment in commercial construction permits just broke $2 millionThey just can’t build them fast enough. Quarterly investment in commercial building permits has just broken the CA$2 million mark for the first time in the city’s history!
British Columbia’s real GDP expected to be the second best in Canada for 2018/827/vancouver-4-9-18-british-columbia-gdp-second-best<img alt="" src="/united-states/en-us/PublishingImages/Snapshots/people-business-walking-stripes-abstract.jpg?RenditionID=6" style="BORDER:0px solid;" />/canada/en-ca/research/snapshots/827/vancouver-4-9-18-british-columbia-gdp-second-bestBritish Columbia’s real GDP expected to be the second best in Canada for 2018 In the Royal Bank of Canada’s Provincial Economic Outlook for March 2018, British Columbia ranked second amongst all provinces - for the second consecutive year - in Real GDP growth.
Industrial vacancy rates reach lowest point in eight years amid a market increasingly favorable to landlords/811/montreal-4-2-18-industrial-vacancy-rates-reach-lowest-point<img alt="" src="/united-states/en-us/PublishingImages/Snapshots/construction-industrial-rolls-wire-mesh-materials.jpg?RenditionID=6" style="BORDER:0px solid;" />/canada/en-ca/research/snapshots/811/montreal-4-2-18-industrial-vacancy-rates-reach-lowest-pointIndustrial vacancy rates reach lowest point in eight years amid a market increasingly favorable to landlordsAs of quarter one 2018, the vacancy rate for industrial real estate in the Greater Montreal Area is the lowest it has been in at least eight years, coinciding with a sizeable decrease in unemployment.