Market Insights

From Storeys.com – It’s no secret that Canada’s homebuilding sector has weathered a few tough years. The country’s new condo sales in places like the Greater Toronto Hamilton Area (GTHA) have hit lows we haven’t seen in decades. The root causes – things like reduced immigration, high construction costs, elevated interest rates, and the collapse of investor demand – have created a perfect storm of volatility. An increasingly uncertain geopolitical climate (to say the least) doesn’t help.

From Better Dwelling – Greater Toronto real estate woes continue with no end in sight. December saw new home prices fall further, shedding up to 25% from peak according to BILD GTA data. Unfortunately, even with the drop, the market remains far from reach for end-users. As a result, the month ended 2025 as the worst year in more than 4 decades of data, heading into 2026 with more downward pricing pressure.

From Altus Group – During the final quarter of 2025, the Canadian economy demonstrated an unanticipated level of resilience in the face of escalating US trade protectionism. This stability was largely attributed to the robust legal frameworks provided by the Canadian-United States-Mexico Agreement (CUSMA), which acted as a critical buffer against external shocks. Despite this fortitude, a sense of caution permeated the market as the outlook for 2026 remained clouded by shifting geopolitical tensions and significant revisions to domestic immigration policies.

From Altus Group – By the close of the third quarter, the Canadian commercial real estate (CRE) market experienced a deceleration in investment activity. Total investment volume reached $36 billion year-to-date, representing a decline of 12% compared to the same period in the preceding year.

From Canadian Mortgage Trends News – Canada’s real estate market is deep in a reset. Prices have fallen 17% from their peak, and development pipelines in Toronto and Vancouver have thinned to levels last seen in the mid-2000s.

From RENX.ca – The project was being undertaken by Ontario-based G Group Development and consists of a 31-storey condo building and a 10-storey office building with a shared two-storey commercial podium at 5220-5250 Yonge Street.