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Longer sales times signal greater caution across commercial property markets

It now takes longer than ever to close deals in Canada
In downtown Toronto it is now taking more time than ever to sell commercial properties in Canada. (CoStar)
In downtown Toronto it is now taking more time than ever to sell commercial properties in Canada. (CoStar)
CoStar Analytics
June 29, 2026 | 2:57 P.M.

Transaction timelines across Canadian commercial real estate sectors have lengthened to historic highs, underscoring a more cautious and selective investment environment. The divergence in sales timelines across sectors reflects both cyclical pressures and deeper structural shifts shaping investor behavior.

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