{"id":2107,"date":"2016-05-27T07:26:49","date_gmt":"2016-05-27T14:26:49","guid":{"rendered":"http:\/\/www.roryc.ca\/blog\/?p=2107"},"modified":"2016-05-27T07:26:58","modified_gmt":"2016-05-27T14:26:58","slug":"cli-indicates-growing-activity-in-commercial-real-estate","status":"publish","type":"post","link":"https:\/\/www.roryc.ca\/blog\/2016\/05\/cli-indicates-growing-activity-in-commercial-real-estate\/","title":{"rendered":"CLI Indicates Growing Activity in Commercial Real Estate"},"content":{"rendered":"

Vancouver, BC \u2013 May 27, 2016. The BCREA Commercial Leading Indicator (CLI) pushed higher in the first quarter of 2016, reflecting a strong and growing BC economy. The CLI index posted a 1.1 point increase to 120.8, eclipsing the previous index high of 120.1 set in the first quarter of 2015.<\/p>\n

\u201cThe BC economy is surging,\u201d said BCREA economist Brendon Ogmundson. \u201cThe economic climate in the province is, and is expected to remain, very conducive to rising commercial real estate activity over the next year.\u201c<\/p>\n

After flattening out for several quarters, the trend in the CLI is now reflecting the uilding momentum in the BC economy. Strong economic activity from rising retail ales to improvement in manufacturing hipments and wholesale trade along with a very strong provincial job market helped offset jittery financial markets to push the CLI to a record high in the first quarter.<\/p>\n

\u00a0\u00a0\u00a0\u00a0 \"commercial<\/a><\/p>\n

Click here<\/a> for the complete news release, including detailed statistics.<\/p>\n","protected":false},"excerpt":{"rendered":"

Vancouver, BC \u2013 May 27, 2016. The BCREA Commercial Leading Indicator (CLI) pushed higher in the first quarter of 2016, reflecting a strong and growing BC economy. The CLI index … [read more<\/a>]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[],"class_list":["post-2107","post","type-post","status-publish","format-standard","hentry","category-market-updates"],"yoast_head":"\nCLI Indicates Growing Activity in Commercial Real Estate • Rory C Real Estate | Oakwyn Realty<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.roryc.ca\/blog\/2016\/05\/cli-indicates-growing-activity-in-commercial-real-estate\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"CLI Indicates Growing Activity in Commercial Real Estate • Rory C Real Estate | Oakwyn Realty\" \/>\n<meta name=\"twitter:description\" content=\"Vancouver, BC \u2013 May 27, 2016. 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