A Cushman & Wakefield Research Publication

SOUTH

AMERICA

“

Outside the U.S., Canadian and

energy-dependent markets will see

rent growth stabilize and, in some

cases, accelerate sharply.”

As most cities in the Americas enter into

the mature phase of the real estate cycle,

market conditions are moderating by and

large, and rent increases will become smaller

for most markets. In the U.S., rent growth

leaders throughout this cycle, such New York

and San Francisco, will cool off as supply finally

catches up with demand. Others, such as Chicago

and Philadelphia, which have lagged, will now see

rental growth accelerate. Outside the U.S., Canadian

and energy-dependent markets (including Calgary,

Edmonton, Rio de Janeiro, Toronto and Vancouver) will

see rent growth stabilize and, in some cases, accelerate

sharply. Houston is also among the latter.

SÃO PAULO

RIO DE JANEIRO

BUENOS AIRES