MISSISSAUGA, ON, Nov. 14, 2023 /CNW/ - The multi-suite residential rental sector saw rental demand outpace supply resulting in accelerated rent growth across the country during the third quarter of 2023, according to Morguard's 2023 Canadian Economic Outlook and Market Fundamentals Third Quarter Update ("Morguard") (TSX: MRC). By and large, the major Canadian commercial property sectors remained stable in the third quarter. Although Canada's economic growth is expected to soften in the near term, the Canadian economy is forecasted to strengthen from the second half of 2024 onwards.
Read more at newswire.caCanadian Commercial Real Estate Market Remains Steady in Q3 2023: Morguard
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