Commercial real estate outlook 2017: Deloitte

Commercial real estate outlook 2017: Deloitte

The real estate industry is increasingly influenced by rapid technological advancements and significant demographic shifts, which include growing urbanization, longevity of Baby Boomers, and differentiated lifestyle patterns of Millennials. In addition, macroeconomic and regulatory developments continue to impact profitability.  Here are some trends to pay attention to in 2017.

Deloitte

Emerging trends in Canadian real estate 2017: PWC

Investors, developers and property owners are cautiously optimistic about the Canadian real estate market’s outlook for the year ahead. While the rest of Canada faces challenges unique to individual regions, Toronto and Vancouver’s markets continue to experience high demand due to a lack of supply.

PwC Canada

Seventy-five must-know charts for 2017

From the state of Canada’s housing market and the energy sector to government finances and how Canada will fare under Donald Trump, these 75 charts, accompanied by explanations from each contributor, will help prepare Canadians for understanding the economy in the year ahead. Here they are, in no particular order.

Macleans

Ten charts that will matter in 2017

I chose the 10 charts for this report in an attempt to provide the tools to gauge the strength of market trends through the year, rather than try and predict what will happen.  In most cases, the charts represent benchmarks allowing Canadians to assess the markets that concern them most, including real estate prices, the loonie, oil prices, and export growth.

The Globe and Mail

Canadian dollar expected to fall in 2017

After a rough 2016, a currency prognosticator at a major investment bank says he expects more pain for the Canadian dollar next year, predicting a low of around 65 cents US in the next 12 months. Two major factors are going to drag the loonie almost 10 cents lower over the next year: interest rates and the price of oil.

CBC News

Consumers expected to drive 2017 economy

Canada’s economy regained momentum in the second half of 2016 and is poised to see sustained growth throughout 2017 according to the latest RBC Economic Outlook report. The RBC forecast calls for real Gross Domestic Product (GDP) growth of 1.3 per cent in 2016, 1.8 per cent in 2017 and 2.1 per cent in 2018.

Canada Newswire

Getting back into gear in Alberta

The holiday season is usually an opportunity to reflect and rejoice. In recent months, there has been a lot of the former and too little of the latter for many Albertans. But as we look ahead, there are a number of reasons to be optimistic about the economic opportunities for the province in 2017.

Read more

Shift to online shopping will transform retail in 2017

The coming year will be one of transformation for retailers as they’re forced to adapt to the new reality of more online shopping and fewer visits to the mall. Amid the shift, retailers will need to invest in upgrading their digital and e-commerce capabilities even as they feel the pinch of a weaker Canadian dollar.

Globe and Mail

Canadian commercial real estate in 2017 and beyond

The head of a major Canadian real estate investment trust doesn’t expect demand for commercial property in Toronto to abate any time soon. “The outlook in the next 24 months for Toronto office demand in my opinion is very, very good,” says Michael Emory, CEO of Allied Properties REIT.

Buzz Buzz Home

China to outpace Canadian investment in the US

As of the middle of 2016, a Marcus & Millichap report showed Canada remained the perennial, most active investor in the US (see chart above from Q2 2016). But China was quickly picking up steam by the first half of the year, and has since outpaced Canada in level of investments in the US.

Bisnow

A new year christened by economic contradiction

Prices in Vancouver’s housing market have jumped by 40 per cent this year. The price of a typical single-family home has hit $1.5 million, about 20 times the annual median household income. Common sense dictates this would spark a boom in new housing starts to meet what must be overwhelming demand.

Read more

Emerging markets in Asia offer investment opportunities

Emerging markets in Asia are expected to continue to grow in 2017, offering opportunities for investors amid ongoing global political and market volatility. Geoff Lewis, Senior Asia Strategist at Manulife Asset Management, said: “Despite the political uncertainty following Brexit and the US Presidential election, we’re cautiously optimistic about the year ahead.

Marketwired

Political uncertainty will continue to impact European real estate

Political events are bound to be big news items in Europe in 2017, as they were in 2016, according to the CBRE European Real Estate Market Outlook for 2017. Some factors influencing the market include: a year of political uncertainty and the challenge of rising interest rates in Europe.

CBRE

H&R REIT tops 2017 investment picks

Real estate investment trusts have been hit hard lately; rising bond yields are affecting mortgage rates acutely in North American markets. I want to look at one REIT that might have the ability to weather the incoming interest rate storm and provide a sustainable long-term yield in 2017: H&R Real Estate Investment Trust.

The Motley Fool

US REIT CEOs look ahead to 2017

REIT CEOs shared their perspectives on the outlook for 2017 during a series of video interviews held at REITWorld 2016: NAREIT’s Annual Convention for All Things REIT. Joey Agree,  president and CEO of Agree Realty Corp.,  said the big question for 2017 concerns interest rates.

REIT.com

Colliers International pursues expansion plans into 2017

Colliers International continues to pursue its ambitious plan to double the size of the company by 2020 through a combination of internal growth and select acquisitions.This year, the company added five affiliates, including announcing a merger with Colliers Parrish, its largest affiliate with nine offices and 400 professionals across nine offices in Northerner California and Nevada.

CoStar

Airbnb eats into 2017 lodging market

In its latest outlook for the U.S. lodging sector, CBRE Hotels’ Americas Research noted that the sector will continue to accrue benefits from achieving the industry’s all-time record occupancy record in 2016 of 65.4 per cent.  However, a range of expected factors, from new hotel supply entering the market to the growing influence of Airbrb, is expected to impact hotel returns in 2017. 

CoStar

Drones will make impact on commercial real estate

The greatest impact that drones have may be on property rights. Some retailers have already announced plans for delivering shipments via drones within the near future. At least one such retailer has stated that its planned drone delivery service can be up and running as early as 2017.

National Real Estate Investor

	RENX top story picks for 2016
	The past year generated more real estate news than any year since RENX started publishing in 2001.  Instead of 5 top stories we selected ten and while we have confined our entire list to 100 stories in the past we let it run on this year. RENX top story picks for 2016

 

Five real estate executives share their 2017 predictions

While we’re closing out another record-breaking year, we’re looking ahead to one that will be a little bit slower, but by all means healthy and stable. To get an idea of how the industry is preparing to handle the maturing cycle, we asked five executives across the country to share their thoughts on current market conditions

Multifamily Executive

Multifamily dwellings remain competitive into 2017

Since multifamily emerged from the recession in better health than any other real estate sector in 2010, investors from around the globe have stampeded to apartments. And while there have been ebbs and flows in interest since then, as a rule, apartments remain a prized asset class.

Multifamily Executive

Four more 2017 multifamily development trends

In order to maintain a competitive edge in 2017, savvy developers must adopt creative solutions that will appeal to the resident of today and tomorrow. Here are four noteworthy multifamily trends that will emerge in 2017.

Building Design + Construction

U.S. construction outlook for 2017 offers a mix

The following is an overview of construction activity levels in the U.S. It will focus on key type-of-structure categories and attempt to answer where they are headed over the next couple of years, and with what degree of vitality.

Daily Commercial News

Tenant demand expected to increase for US commercial real estate

Sustained by improving job growth and strong demand for multifamily housing, commercial real estate has been steadily recovering in recent years. Looking ahead to 2017, growth is expected to flow into the smaller markets, according to a recent commercial real estate forecast session at the 2016 REALTORS^® Conference & Expo.

PR Newswire