Market Insights

From The Toronto Star – At Canadian dinner parties, an inevitable and quintessential game involves betting on how long it takes for someone to mention the cost of real estate, reflecting the country’s housing affordability crisis and the prevalent nature of this topic in heavily populated regions.

From Altus Group – In the second quarter of 2023, Canadian commercial real estate (CRE) investment trends were influenced by rising interest rates and inflation, which prompted investors to exercise caution in their decision-making processes. These economic factors had a significant impact on the overall CRE market, shaping investment strategies and driving a shift in investor behavior.

From Altus Group – Borrowers and lenders are coming to grips with higher interest rates and tighter liquidity, and that new reality could be painful. With the volatile conditions brought forth by the pandemic still fresh in our minds, the current market environment is encumbered with a lingering sense of uncertainty.

From Altus Group – The industry has come a long way in a few short years, and investors, owners and managers are now expected to lean more heavily on technology solutions as they work harder to boost ROI in an increasingly challenging market cycle.

From Altus Group – In an economic downturn, analyzing market insights and data is crucial for identifying tax savings opportunities. Property tax assessments for various property types may have overlooked important factors such as market conditions, recent transactions, complex leases, and higher interest rates.

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.