{"id":9409,"date":"2018-06-10T08:08:39","date_gmt":"2018-06-10T15:08:39","guid":{"rendered":"http:\/\/www.roryc.ca\/blog\/?p=9409"},"modified":"2018-06-07T08:26:24","modified_gmt":"2018-06-07T15:26:24","slug":"commercial-leading-indicator-points-to-slower-activity-on-the-horizon","status":"publish","type":"post","link":"https:\/\/www.roryc.ca\/blog\/2018\/06\/commercial-leading-indicator-points-to-slower-activity-on-the-horizon\/","title":{"rendered":"Commercial Leading Indicator Points to Slower Activity on the Horizon"},"content":{"rendered":"<p style=\"text-align: justify;\">Vancouver, BC \u2013 June 7, 2018. The BCREA Commercial Leading Indicator (CLI) declined for the first time in three years, falling 1.5 points in the first quarter of 2018 to an index level of 134.2. That decrease represents a 1.1% dip over the fourth quarter of 2017. The index is still 3.4% higher than this time one year ago.<\/p>\n<p style=\"text-align: justify;\">\u201cThe BC economy appears to be slowing following four years of remarkable growth,\u201d says BCREA Deputy Chief Economist Brendon Ogmundson. \u201cThat slowdown likely means a slight drop-off in commercial real estate activity on the horizon.\u201d<\/p>\n<p style=\"text-align: justify;\">The underlying CLI trend, which smooths often noisy economic data, remains positive, reflecting several quarters of strong economic activity and employment growth. A still moderately rising trend signals continued, albeit slower, growth in commercial real estate activity.<\/p>\n<p>\u00a0\u00a0\u00a0\u00a0 <a href=\"https:\/\/www.roryc.ca\/blog\/?attachment_id=9410\" rel=\"attachment wp-att-9410\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone  wp-image-9410\" src=\"https:\/\/www.roryc.ca\/blog\/wp-content\/uploads\/2018\/06\/commercial-288x211.jpg\" alt=\"\" width=\"570\" height=\"418\" srcset=\"https:\/\/www.roryc.ca\/blog\/wp-content\/uploads\/2018\/06\/commercial-288x211.jpg 288w, https:\/\/www.roryc.ca\/blog\/wp-content\/uploads\/2018\/06\/commercial.jpg 642w\" sizes=\"auto, (max-width: 570px) 100vw, 570px\" \/><\/a><\/p>\n<p><a href=\"http:\/\/www.bcrea.bc.ca\/docs\/news-2018\/2018-06-07CLI.pdf\" target=\"_blank\" rel=\"noopener\">Click here<\/a> for the complete news release, including detailed statistics.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Vancouver, BC \u2013 June 7, 2018. The BCREA Commercial Leading Indicator (CLI) declined for the first time in three years, falling 1.5 points in the first quarter of 2018 to &hellip; [<a href=\"https:\/\/www.roryc.ca\/blog\/2018\/06\/commercial-leading-indicator-points-to-slower-activity-on-the-horizon\/\">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-9409","post","type-post","status-publish","format-standard","hentry","category-market-updates"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Commercial Leading Indicator Points to Slower Activity on the Horizon &#8226; 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\/2018\/06\/commercial-leading-indicator-points-to-slower-activity-on-the-horizon\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Commercial Leading Indicator Points to Slower Activity on the Horizon &#8226; Rory C Real Estate | Oakwyn Realty\" \/>\n<meta name=\"twitter:description\" content=\"Vancouver, BC \u2013 June 7, 2018. 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