Investment in the Calgary commercial real estate market was down by 33% in 2024 compared to the previous year. Total sales volume reached $2.2 billion, the fourth consecutive year exceeding the $2 billion mark, a threshold the market had regularly flirted with before breaking out in 2021 and posting investment volumes ranging from $2.21 billion last year to $3.28 billion in 2023.
Although still elevated, Calgary commercial property sales drop 33% in 2024
Multifamily trades lead all asset classes for the first time in a decade
By Paul Richter
CoStar Analytics
January 30, 2025 | 7:18 P.M.
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IN THIS ARTICLE
- Properties
- Arris East
505 4th St, Calgary, AB