By CWS Research
Despite strong commercial real estate investment activity in Saskatoon through 2022, rising interest rates and uncertainty in the market has significantly reduced real estate investment in 2023. The primary barrier for investors is the high cost of borrowing and national/global risk.
By CWS Research
2023 is shaping to be yet another strong year for industrial activity in Saskatoon. Demand for industrial space has already outstripped new supply with a total of 556,612 of positive year to date absorption by the third quarter of 2023
By CWS Research
Through 2023 the City of Saskatoon’s suburban office market experienced significant leasing activity with 41,000 square feet of positive year…
By CWS Research
Downtown parking rates in Saskatoon have demonstrated rapid growth over a ten year period, movingfrom a weighted average of $157/month…
By CWS Research
Beginning in 2022 Saskatchewan enjoyed significant gains in all major exported commodity prices with both wheat and uranium increasing 30% year over year. Uranium is becoming an increasingly popular topic as governments across the globe explore clean energy solutions to meet the ever rising demand for power.
By CWS Research
Although Saskatoon’s CBD office market has been exhibiting signs of recovery in the first quarter of 2023, there is still a growing trend in specific tenant types and their real-estate needs.
By CWS Research
2023 is shaping up to be a strong year for industrial activity in Saskatoon. In the first six (6) months of 2023, 153,000 SF of industrial space completed construction and a further 184,000 SF to complete in July 2023, of which, 65% is pre-leased.
By CWS Research
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By CWS Research
As we enter the second quarter of the year, the necessary process of recalibration and rebalancing across all facets of…
By CWS Research
Employment rose by 35,000 in March 2023, with the unemployment rate remaining unchanged for the fourth consecutive month at 5.0%….