With more than 200 transactions over the million-dollar price point in the first six months of 2013, Calgary's commercial market continues to be the subject of "cautious optimism".

Highlighting trends and developments in 11 major centres across Canada, the 2013 RE/MAX Commercial Investor Report found commercial inventory remained scarce during the first half of the year, particularly in the multi-unit residential, industrial, and retail sectors.

Calgary's downtown office market is getting a little roomier.

According to a report from Colliers International, Calgary's downtown office market saw negative absorption in the third quarter of 2013, with the vacancy rate increasing from 5.03 per cent in the second quarter to 5.67 per cent.

Calgary's office market is still one of the best performers in the country, however a new report says the city will need a strong performance to absorb all the new supply set to come online.

In a report from CBRE, Calgary and Toronto were singled out as the best office markets in the country. Due to a heightened level of activity, the report did identify the possibility of an overabundance of supply.