- Uncertainties surrounding NAFTA further depreciated the loonie against the U.S. dollar to $0.76 in Q2 2018, representing a decrease of 5% since the beginning of the year.
- The five and ten year bond yields rose nearly 20 and 10 basis points respectively since the beginning of the year, implying a higher cost of borrowing and a greater amount of equity required upfront for real estate investments.
- Finishing up the first half of 2018, GTA total property sale volume reached $10.9B, an 8.76% increase in capital flows from the same period the previous year.
- The industrial availability rate has remained at a historic low of 1.7% for both Q1 and Q2 2018, and the PSF increased 21% to $163.79 in Q2 2018 from the same quarter the previous year.
- The increasing demand for office space continued to push the office availability rate down to 6.6% for the GTA Total and 3.7% for Downtown Toronto in Q2 2018.
