Market Insights

From RENX.ca – Commercial real estate investment activity across the Greater Toronto Area strengthened considerably in the first half of 2026, with transaction volume reaching nearly $10.2 billion, up approximately 35% year-over-year. Multifamily led the recovery with a 244% increase in investment volume, while office and industrial activity also posted significant gains. Private capital continues to drive much of the market, with investors increasingly targeting assets offering stable income, constrained supply and long-term growth potential.

From Urbanation.ca – Ontario’s rental housing industry is building at levels not seen in decades, yet the province remains on track for a 121,000-unit rental shortage by 2036, on top of an estimated 249,000-unit deficit already accumulated since 2016. Rental demand is projected to grow by 399,000 households over the next 10 years against only 278,000 units of new supply.

From Altus Group – Based on data from Altus Data Studio, during the first half of 2026, investor confidence in the Greater Toronto Area (GTA) commercial real estate market improved, with total investment volume rising nearly 35% year-over-year to $10.2 billion. The increase was supported by stronger transaction activity in the office and multi-family sectors. Retail continued to attract investor interest, but severe inventory constraints in high-demand corridors contributed to a 30% year-over-year decline in retail investment volume, limiting its contribution to broader GTA totals.

From Urban Toronto – Park Property Management proposed three rental towers of 39, 44 and 49 storeys at 2 and 4 Milepost Place. The project would contain 1,300 purpose-built rental units, including replacement housing for existing tenants, approximately 250 metres from the future Thorncliffe Park Ontario Line station.

From RENX.ca – Markets can change on a dime and even more so over the course of six or 12 months. Around this time last year, there was worldwide concerns about the economy but the real estate market has remained solid and even turned for the positive in some cases.

From Storeys.com – KingSett acquired the 1.34-acre Labatt Village development site at 7 Labatt Avenue and 77 River Street following receivership proceedings. TAS had contemplated a two-tower mixed-use development with as many as 1,240 condominium units, office space and retail space.