June 1st, 2013, Owen Bigland
June 2013 Monthly Report
First,
a mea culpa: last month, we speculated that it was likely that we would
now have an NDP government. Like everyone else, we were wrong. With the
Liberals' reelection, it's likely that there will not be any big
surprises that will impact the housing market. Expect the status quo.
One
sector that will likely benefit from having a Liberal over an NDP
government is the commercial real estate market. After a strong run in
the residential real estate market over the past several years, more and
more people have begun asking questions about commercial real estate
and its viability as an investment product. The answer to this question
is that commercial real estate has proven to be a strong, ...