Market Insights
City hall proposes to waive development fees, drop property taxes for some rental builders
From Toronto Star – City hall is proposing lowering property taxes and waiving development fees for some newbuild rental projects as long as 20 per cent of their units are moderately affordable.
Bank of Canada’s interest rate announcement – Implications for the Canadian real estate market and economy
From Altus Group – What does today’s 50 basis point interest rate cut mean for the Canadian commercial real estate market?
Canadian CRE investment trends – Q3 2024
From Altus Group – Our quarterly update on Canadian commercial real estate investment trends and valuation parameters for 32 asset classes in Canada’s eight largest markets.
As condo market remains slow, inventory financing grows
From RENX.ca – Loans allow developers, investors to finance condos until selling or rental conditions improve
Is Toronto ‘maxed out’ on development space? No…
From renx.ca – “Toronto is full.” “Toronto is dense enough.” There’s “no more space.” These are all assertions I frequently hear, especially as part of my job as an architect and urban planner. Some even suggest directing growth to smaller cities that “still have room.”
What does today’s Bank of Canada interest rate announcement mean for the Canadian real estate market?
From Altus Group – While today’s Bank of Canada interest rate announcement may not be a catalyst for action in the short term, it is an important signal for the Canadian real estate market.