Search
  • demitryomrin

Data Analysis

It comes as no surprise that overall commercial rent levels are down. We have seen hints of this for months while working through our files. However, whenever we see statistics it is always important to dig into the raw data before making a determination. Even if the average is down it does not mean that all asset types or classes are down. That is because markets may be segmented within each asset class and even within each individual segment. This adds a layer of complexity to data analysis as part of a real estate valuation. As such, it is important to realize that each valuation must be individually assessed as to the relevant market data. Relying solely on published studies and other broad sweeping information can lead to a fundamental flaw in an appraisal report.


https://renx.ca/canadian-commercial-real-estate-rents-down-3-1-statcan/


1 view0 comments

Recent Posts

See All

SELLERS ARE BUYERS & BUYERS ARE SELLERS

There has been much talk as of late about interest rate trends. Interest rates have been temporarily and unrealistically low due to the impact of the pandemic. This has caused a frenzy among both sel

GOOD LOCATIONS ARE GOOD LOCATIONS

COVID has been often referred to as an "accelerator". It would be an understatement to say that is the case in the world of retail. Shoppers transitioned overnight from in person purchases to online

BOOM: Post Covid

https://www.mortgagebrokernews.ca/news/cibcs-tal-on-what-will-drive-postpandemic-demand-337473.aspx?utm_source=GA&utm_medium=20210203&utm_campaign=MBNW-Newsletter-20210203&utm_content=A5C77195-4973-4B