Market Insights

From Dealpath – Evolving conditions have forced investment managers to keep a close eye on global, regional and local trends. Falling valuations, high costs of capital and global volatility have left a lasting impact on the commercial real estate market.

From BNN Bloomberg – The federal government announced intentions to raise the inclusion rate on capital gains taxes for corporations and individuals earning beyond a certain threshold, which will impact wealthy individuals who are benefiting from tax advantages not available to middle class Canadians, according to the Budget 2024.

From Altus Group – CRE audits are critical to establishing trustworthy valuations for properties, but that trustworthiness relies on detailed documentation and a transparent process.

From RENX.ca – Total commercial real estate investment volume in the Greater Toronto Area was $4.6 billion in Q4 2023, up from $4.1 billion in the previous quarter and $3.8 billion a year earlier.

From RENX.ca – The worst of the commercial real estate downturn appears to be over and, while there are still challenges ahead in the Canadian market, a sense of optimism continues to emerge.

From Storeys – The missing middle typically refers to buildings that have a higher density than a single-family house and a lower density than a mid-rise building. Leading by example, in July 2023, the City allocated a Beaches-East York City-owned site to develop a pilot project to demonstrate missing-middle housing.