From Name

From Email

To Name

To Email

Message

What does Canada’s rapid e-commerce growth mean for retail real estate?

from Mortgage Broker News

What does Canada’s rapid e-commerce growth mean for retail real estate? Mortgage Broker News Latest data from Statistics Canada showed that e-commerce flourished in the months following the widespread implementation of COVID-19 mobility restrictions — leading into the likely irreversible transformation of the commercial real estate market. E-commerce activity reached a record volume of $3.9 billion in May, increasing by 2.3% from April and a staggering 99.3% from February. On a year-over-year basis, the sector grew by 110.8%. READ MORE

more