Less Inventory Available, Higher Price Per Square Foot!

French Episode

Mélissa Jacob and Laurent Paquin, both First Vice-Presidents and PMML real estate brokers, present the outlook for the industrial, commercial and office markets.

Despite the general decline in transactions, the price per square foot continues to rise. In the industrial sector, the price per square foot rose by 3.4%, and in the office sector by 7.6%. This trend can be explained by a reduction in the inventory available on the market. We can anticipate an increase in transactions in the coming months, due to new tax laws encouraging increased activity.