Market Insights
How AI can address the skills gap in CRE
From Altus Group – The Counselors of Real Estate recently ranked the labor shortage as one of the top 10 issues facing the commercial real estate industry
How will lost construction jobs impact Canada’s housing affordability?
From Altus Group – According to BuildForce Canada’s latest forecast, 245,100 people are expected to retire from construction jobs over the next 10 years (by 2032) – roughly 20% of Canada’s current construction industry workforce.
These Will Be The Top 3 Real Estate Investment Assets In 2024: Experts
From Storeys – In a new report, PwC Canada and the Urban Land Institute speak to some of the high-level trends expected to characterize the “complex landscape” of Canadian real estate in the year to come.
Devron will go it alone to develop Toronto’s 101 Spadina
Fron RENX.ca – Devron Developments has received zoning approval from the City of Toronto to move forward with a 39-storey condominium development at the southeast corner of Spadina Avenue and Adelaide Street West.
Commercial real estate woes in Canada worsened by tax gap
From Financial Post – Commercial real estate owners, battered by higher interest rates, are grappling with another big challenge in Canada: a property tax system that’s increasingly tilted against them, according to a report by Altus Group Ltd.
A closer look at Toronto’s housing affordability plan
From Altus Group – Toronto’s new Mayor Olivia Chow has proposed a self-funded housing plan that aims to provide 25,000 homes made up of market-rate, affordable, and deeply affordable housing.