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Price Waterhouse Coopers and the Urban Land Institute jointly released a survey on emerging trends related to all Real Estate in Canada.  The highlights include good news that the slumping real estate market in the US has bottomed out, and that players in the Canadian Real Estate industry are approaching with caution but that they are positive.”According to report respondents, they remain positive about sidestepping any serious impacts of a possible US correction. Western provinces showcase the strongest growth trends and lowest vacancies in North America. All property sectors share positive prospects, especially industrial and retail.”“The report shows that compared with the US, capital has remained disciplined in Canada with a handful of large institutions and development companies dominating the country’s five primary real estate markets: Toronto, Montreal, Vancouver, Calgary, and Edmonton. For 2009, survey respondents anticipate steadying capital volumes, with pension fund investors still eager to increase portfolio holdings.”“Calgary is Canada’s “resource” capital and people are moving there in droves, although recent reports suggest this may be slowing. Survey respondents expect strong buys in 2009 for almost all sectors. For instance: 53.5% for hotels, 52.7% for industrial, 49.1% for office property, 48.1% for apartment buys and 48.1% for retail.” 

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