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Colliers Retail Outlook Report 2023

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While declining from the heights of last year, retail sales growth in Canada continues to outpace most of the world, including the US, EU, and UK.

  • Canadian Consumers have higher savings than pre-pandemic, which should help cushion the (declining) effects of inflation in 2023.
  • Retail rents reached record highs for most enclosed centres in Q1 of 2023.
  • Retail sales growth is strongest in areas of Canada with lower cost of living and significant migration from the rest of the country.
  • Retail is increasingly dominated by private investors, who see upside in demographic trends, the lack of competition, or the value of land contained in retail assets.

Colliers Retail Outlook Report 2023

Télécharger le rapport
Pour plus d’informations, veuillez contacter:

Adam Jacobs

Head of Research | Canada

Toronto Downtown

Colliers Canada's head of research, leading a cross-country team of 20 mapping, analytics and research professionals. Formerly head of Canada research at Cushman Wakefield and Director of Analytics at Oxford Properties. Featured in mainstream publications such as the Toronto Star, industry publications and podcasts. Specializing in the big picture and the fundamentals driving real estate - demographics, the macro environment and the global economy. 

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