Market Insights
Toronto commercial real estate market update Q4 2022
From Altus Group – GTA market has a robust 2022 with investment total of $30 billion despite a slowed second half.
Toronto’s flex workspace demand rose rapidly in 2022
From Renx.ca – Author Steve McLean – Flexible workspace demand in Toronto rose 27 per cent in 2022, while work station rates, occupancy and supply were all also up, according to a new analysis from global workspace innovation firm The Instant Group.
GTA Condo Rentals Priced 50% Higher Than Purpose-Built Units in 2022
From Storeys Real Estate News – Condominium vacancy in the Greater Toronto Area (GTA) slipped to 1.1% in 2022, according to a report released Thursday by the Canada Mortgage and Housing Corporation (CMHC).
Toronto Real Estate Is The World’s Largest Bubble & It’s Officially “Crashing”
From Better Dwelling – The world’s largest real estate bubble is officially “crashing.” Toronto Regional Real Estate Board (TRREB) data shows composite home prices fell in December.
Why those waiting for a return to normal in commercial real estate will get left behind
From Financial Post – Invanhoé Cambridge CEO Nathalie Palladitcheff says adaptation is key to success in 2023.
Foreign home buyers officially banned from purchasing real estate in Canada
From blogTO – Starting today, foreign commercial enterprises and people will be banned from purchasing residential properties in Canada for two years.