Market Insights
Emerging trends in Canada’s retail sector
From Altus Group – Although Canada’s retail sector showed a sales decrease in May, certain retail segments, such as small-format stores and boutique food halls, seem to be gaining momentum.
Bank of Canada cuts overnight interest rate to 4.5%
From RENXHomes – Loosens impact of monetary policy to control inflation that also challenged housing industry.
Key operational changes driving sustainable efficiency and top-line growth in CRE
From Altus Group – In today’s market, companies must regularly evaluate their organization value chain to reduce non-value-add activities, streamline operations, and enhance efficiency.
905 supplants 416 as market of choice in GTA’s slow condo sector
From RENX.ca – Higher costs, development delays within City of Toronto have made new development largely untenable.
Toronto committee endorses plan to build nearly 6,000 housing units
From CBC – The City of Toronto’s planning and housing committee greenlit a proposal to build some 6,000 new rental units across the city, spending over $350 million to help get shovels in the ground.
Top four takeaways from the Q2 2024 Canada CRE industry conditions and sentiment survey
From Altus Group – Altus Group releases the results of its fourth installment of the Commercial Real Estate Industry Conditions and Sentiment Survey for Canada (ICSS), a quarterly survey of CRE professionals to gauge perspectives on current and future conditions for the industry.