Paul Richter joined CoStar in early 2021 as Director of Market Analytics focused on Western Canada. With over 20 years in the Canadian real estate data industry, he has overseen commercial real estate research teams nationwide, been at the forefront ...
Paul Richter joined CoStar in early 2021 as Director of Market Analytics focused on Western Canada. With over 20 years in the Canadian real estate data industry, he has overseen commercial real estate research teams nationwide, been at the forefront of real estate data product development and conducted thorough market analysis on a wide range of industries affected by real estate dynamics.
Based in Vancouver, Richter is regularly called upon to provide market commentary on Western Canada real estate trends to clients and the press. His work within the brokerage and appraisal industries, as well as a tech start-up, has provided the opportunity to understand the industry from varied angles.
Cargo volumes at the country's major ports edged higher through the first half of 2026, providing another positive signal for Canada's logistics and industrial real estate sectors.
Two of Cascadia’s largest industrial markets are moving in opposite directions, with Vancouver showing signs of tightening as Seattle continues to struggle with elevated vacancy created by years of ...
More than a year after U.S. tariffs disrupted North American trade flows, Canadian companies are still adapting to a more complicated operating environment.
Industrial leasing in Calgary over the first half of 2026 is off to one of its strongest starts to a year on record, surpassing recent highs from Calgary’s post-pandemic industrial space expansion ...
While rising consumer prices are directly affecting households, elevated inflation is also becoming an issue for commercial real estate, influencing business costs, development activity, tenant ...
Edmonton’s office leasing market is showing clear signs of recovery after several years of uneven demand, increasing through 2025 and carrying into early 2026.
Calgary’s office market is showing clearer signs of stabilization in 2026 with broader leasing across tenant sizes and locations, even as corporate consolidation in the energy sector adds pockets of ...
While Canada’s overall population declined for the second straight quarter, Alberta continues to stand out as one of the few provinces still adding residents.
Edmonton’s multifamily investment market could be entering a period of adjustment, as rents begin to contract following several years of rapid growth. Recent data point to a shift in market ...
Vancouver’s rental apartment market is clearly in transition, with both vacancy and leasing conditions shifting meaningfully as new supply keeps arriving.
Rental apartment demand in Calgary is entering a new phase. The number of new projects starting construction has slowed significantly from the same time last year — and is expected to decline further ...
Calgary’s latest inflation numbers mark a clear shift back to cost-driven pressures, with the consumer price index, or CPI, rising to 3.3%. That can have ripple effects on commercial real estate.
The emergence of separatist sentiment in Alberta has advanced enough for a referendum to be included on a ballot on Oct. 19 and marks the first significant test of the country's unity in decades, ...