Ben Haythornthwaite joined CoStar in early 2024 as director of market analytics, focussed on The Greater Toronto Area and the Greater Golden Horseshoe. He has over a decade of experience spanning residential and commercial brokerage, appraisal, inves...
Ben Haythornthwaite joined CoStar in early 2024 as director of market analytics, focussed on The Greater Toronto Area and the Greater Golden Horseshoe. He has over a decade of experience spanning residential and commercial brokerage, appraisal, investment management, advisory and analytics. Before joining CoStar, Ben managed the global real estate analytics team at an institutional investment manager, overseeing reporting and providing insights on over $20 billion in real estate assets worldwide. He is a member of the Royal Institute of Chartered Surveyors and holds a degree in Property Economics from the Dublin Institute of Technology, and a Data Science in Real Estate certification from the Massachusetts Institute of Technology.
Toronto’s office investment market saw a notable divergence between transaction volume and dollar value in 2025. While pricing remains under pressure, deal activity has accelerated; it's a dynamic ...
Across the Greater Toronto Area, the office market has undergone a profound shift since the onset of the pandemic, as the amount of available office space increased by roughly 90% since the first ...
The Greater Toronto Area's sustained and pronounced drop in construction starts across all major commercial property typesis is very concerning and appears to represent an overcorrection, even as ...
Risk premiums across commercial real estate are materially lower these days than they were before the pandemic. Spreads over the 10‑year bond during 2017–2019 were meaningfully wider across every ...
Office real estate investment trusts entered late 2025 facing a familiar set of headwinds: Despite recent policy rate cuts, bond markets have remained elevated.
Before the pandemic, Toronto's Downtown West office submarket was widely considered a main technology and creative tenant hub for the area, with demand for space largely driven by startups, digital ...
Affordability pressures are reshaping investor behaviour across the Greater Toronto Area’s multifamily market, and the clearest signal is showing up in transaction activity.
Canada’s housing market is entering a structural transition in which near‑term conditions in major urban centers increasingly favour renting over buying. One consequence of these dynamics may be that ...
Canada’s housing crisis is multifaceted: Picture a Venn diagram of overlapping issues involving affordability, availability and price stability. In an ideal world, home prices would remain relatively ...
The industrial property investment market in Toronto has fluctuated significantly, a phenomenon that shows up when comparing completed sales from the first 11 months of each year.
Toronto’s office investment market still faces significant headwinds, with sales volumes plummeting to $1.05 billion in the first 11 months of 2025 from $4.28 billion in 2022, the lowest since the ...
Investment in Toronto retail properties has had a strong run, but signs of cooling are beginning to emerge in a reflection of both market dynamics and shifting investor priorities.
Investor sentiment toward the office market has become more positive, spurred by the Ontario provincial government’s worker mandate of five days of in-office attendance starting in January and major ...
The housing boom that took place in Canada during 2020–2021 was driven by historically low interest rates and pandemic-induced demand. In Toronto, home sales peaked in March 2021 with over 15,000 ...
It's October, and sports fans are focusing on baseball's World Series. This year, the defending champion Los Angeles Dodgers face the Toronto Blue Jays in the fall classic.
The gap between the vacancy and availability rates in Toronto’s office market has narrowed back to pre-COVID averages, a promising sign of stabilization.
For years, sustainability certifications such as LEED and BREEAM have primarily focused on the emissions generated during a building’s use through heating, cooling, lighting and other energy demands, ...