Calgary’s commercial market seems to have slumped. A new report by Realnet Canada finds there were only 82 transactions, valued at more than $1-million, in the second quarter of 2015. All told, the investments totalled $344-million. That’s down 60 per cent from the first quarter, and represents a decline of 42 per cent compared to the same period, last year. Realnet says there was a significant slump in the office, industrial, and residential land sectors.
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