/
23
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