Market Insights
Toronto condo developer’s take on housing demand in the GTA
From BNN Bloomberg – According to a Toronto condominium builder, while affordability continues to be a challenge, the densely populated region surrounding Canada’s largest city offers a wide range of housing needs and opportunities, reflecting the diverse demands of its residents.
Toronto commercial real estate market update Q1 2023
From Altus Group – GTA market has a cool start to 2023 compared to a year ago with transaction volume down 50%.
The Rise of commercial real estate debt funds?
From Altus Group – Current capital market conditions continue to challenge many in the commercial real estate (“CRE”) industry but could present an attractive opportunity for CRE-focused debt funds.
The worst may be over for rising construction costs, but there is still upward pressure
From Altus Group – No part of the global construction industry has been spared the hard economic knocks of the last few years, with inflation especially driving up the cost of construction inputs and squeezing margins worldwide.
Market uncertainty spurs debt funds and other CRE lenders to prioritize collateral value updates
From Altus Group – Post-pandemic, some of the worst-impacted segments of the commercial real estate (CRE) sector, such as lodging and retail, have been slowly recuperating.
Canadian CRE investment trends Q1 2023
From Altus Group – With interest rates expected to remain flat for the remainder of 2023, investors remain cautious.