BMO senior economist surveys the commercial real estate sectors

News Snapshot:

Daily roundup of research and analysais from The Globe and Mail’s market strategist Scott Barlow BMO senior economist Sal Guatieri surveyed the commercial real estate market, “After rebounding from the pandemic, the industrial segment has returned to more normal activity. Factories and warehouses that were poised to strengthen on cheaper credit and a low-valued currency must now confront a temporary downturn in exports. The multi-family residential market was recovering on lower mortgage rates, but the trade war has paralyzed buyers. A saturated condo market in the Greater Toronto Area will take time to clear, especially with aggressive immigration curbs. However,...