I`m not into betting
If I was I`d put $5 that multi-family values in many area`s in Canada are the same in 2015 as today.
Cap rates will increase, NOI will increase, values will stay sticky, so more profitable from operations on non leveraged basis in future at purchase price.
Thomas - Your posts imply you don`t see this for multi-family - care to discuss?
QUOTE (ThomasBeyer @ Mar 19 2010, 10:15 PM) no .. but expect CAP rates to increase on industrial, retail and especially office properties. Combine this with lower rents, higher vacancies, higher mortgage rates and you will see commercial values flat-line or decline in Canada, too !!
So tread very careful into the commercial space as special expertise is required !