{"id":4238,"date":"2016-12-05T11:11:37","date_gmt":"2016-12-05T19:11:37","guid":{"rendered":"http:\/\/www.roryc.ca\/blog\/?p=4238"},"modified":"2016-12-05T07:15:10","modified_gmt":"2016-12-05T15:15:10","slug":"bc-commercial-leading-indicator-continues-to-push-higher","status":"publish","type":"post","link":"https:\/\/www.roryc.ca\/blog\/2016\/12\/bc-commercial-leading-indicator-continues-to-push-higher\/","title":{"rendered":"BC Commercial Leading Indicator Continues to Push Higher"},"content":{"rendered":"

Vancouver, BC \u2013 December 5, 2016. The BCREA Commercial Leading Indicator (CLI) increased 0.48 index points to 122.7 in the second quarter of 2016, in spite of a modest pull-back in economic activity throughout the third quarter. The CLI index is up 2.4% compared to the third quarter of 2015.<\/p>\n

\u201cJob growth in key commercial sectors and robust consumer demand led the CLI higher in the third quarter,” said BCREA Economist Brendon Ogmundson.”A rising CLI points to continued strength in BC commercial real estate activity in 2017.”<\/p>\n

Robust third quarter employment gains offset modest declines in the economic activity and financial components of the CLI. The underlying CLI trend, which smooths often noisy economic data, continues to push higher due to several quarters of strong economic statistics. That uptrend signals further growth in investment, leasing and other commercial real estate activity over the next two to four quarters.<\/p>\n

\u00a0\u00a0\u00a0\u00a0 \"bc-commercial-leading\"<\/a><\/p>\n

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

Vancouver, BC \u2013 December 5, 2016. The BCREA Commercial Leading Indicator (CLI) increased 0.48 index points to 122.7 in the second quarter of 2016, in spite of a modest pull-back … [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-4238","post","type-post","status-publish","format-standard","hentry","category-market-updates"],"yoast_head":"\nBC Commercial Leading Indicator Continues to Push Higher • 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\/12\/bc-commercial-leading-indicator-continues-to-push-higher\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"BC Commercial Leading Indicator Continues to Push Higher • Rory C Real Estate | Oakwyn Realty\" \/>\n<meta name=\"twitter:description\" content=\"Vancouver, BC \u2013 December 5, 2016. 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