The start of 2020 seemed to be relatively normal by all accounts, albeit with slightly lower transaction volume across the country in most markets and sectors. A number of larger sales closed in key investment markets such as Montreal, Toronto, and Vancouver. However, things quickly turned from normal to unthinkable, as the widespread need for social distancing and public safety lead to an historic close to the quarter and the entire shutdown of the global economy.
Read more in our Cap Rate Report to see the varying levels of activity across Canada.
