Press Releases

August 9, 2006

Commercial real estate market cools slightly

August 9, 2006

Ottawa's commercial real estate market posted a slight decline during the first six months of 2006, both in terms of the number of transactions and the dollar value of deals completed.

A national survey by CB Richard Ellis Limited shows there have been 76 commercial real estate transactions so far this year, with a value of $326 million, compared to 79 deals worth $360 million in the first six months of 2005.