News | Analytics

August 19, 2025 | 7:51 p.m.
It's starting to take longer for Vancouver industrial space to lease up
The amount of time that available space remains on the market is an important but sometimes overlooked indicator of market performance. It offers valuable insights into pricing power, overall demand and tenant preferences.
August 19, 2025 | 12:19 p.m.
What's behind the uptick in Calgary office condo sales?
Through the first half of this year, Calgary’s office market has remained relatively active.
August 15, 2025 | 11:56 a.m.
Housing prices decline, but modest price correction won’t move affordability needle much
As housing affordability deteriorated across Canada's major urban centres, many residents have sought to move out of the most expensive housing markets, such as Toronto and Vancouver, and look for more affordable living options. Many of those seeking lower housing costs have looked toward Edmonton.
August 13, 2025 | 2:22 p.m.
Canadian hotel performance accelerates in second quarter
Canadian hotels reported a healthy 2.8% increase in revenue per available room in the first six months of this year.
August 11, 2025 | 4:57 p.m.
Quebec hotel revenues remain robust despite decline in international visitors
The number of non-residents entering Quebec, a market that has historically served as a proxy for visitor traffic, declined in the first half of 2025 through May.
August 11, 2025 | 4:10 p.m.
Emerging 'wellness quarter' could have a restorative effect on Toronto's office market
There's a concept known as Hotelling’s Law in economics, which, despite the name, has no connection to the hospitality industry.
August 11, 2025 | 3:37 p.m.
New apartment towers are transforming downtown Ottawa's skyline
Although we are only halfway through the decade of the 2020s, developers have added more apartment buildings five stories or taller in downtown Ottawa in the last five and a half years than in any recent decade.
August 11, 2025 | 11:36 a.m.
While home prices fall, Toronto's commercial real estate values hold firm
Canada’s residential housing market is continuing to experience significant pricing adjustments. According to various sources, overall prices are down, on average, 10% to 15% compared to their peak in early 2022, when the Bank of Canada began a campaign to rein in inflation by raising interest rates.
August 5, 2025 | 5:20 p.m.
Population growth helps Edmonton’s commercial real estate sector offset economic headwinds
Edmonton ranks just behind Calgary in population growth, driving increased development activity across industrial and retail property sectors.
August 4, 2025 | 5:43 p.m.
Montreal office occupancy sees stronger recovery in newer buildings
Since 2024, newer office buildings in Montreal have begun to see a recovery in occupancy, while the performance of older office stock continued to languish.
August 4, 2025 | 5:40 p.m.
Montreal industrial tenants give back space as market faces uncertain times
Montreal’s industrial market continued to weaken in the first half of 2025 reflected in the amount of available sublet space continued to increase to hit a record mount of 3.6 million square feet available for sublet as of the second quarter of 2025.
July 21, 2025 | 1:39 p.m.
Canada is quickly becoming a nation of renters
Canada has historically had one of the highest homeownership rates in the world. But shifting economic and demographic forces are quickly altering this longstanding benchmark.
July 18, 2025 | 8:51 p.m.
Canada's office recovery may take longer than elsewhere
Office availability in Canadian central business districts has increased more than in central business districts in the United States and the United Kingdom.
July 17, 2025 | 12:45 p.m.
Industrial development sprawls out to Toronto's fringes
The industrial real estate market across the Greater Toronto Area has experienced significant expansion since late 2019, with the most notable growth occurring in a pair of peripheral regions, the North GTA West and GTA East industrial submarkets. These areas not only recorded the largest proportional increases in inventory but also led all other regions in increased absolute square footage, showing that this trend is more than just a statistical misnomer.
July 16, 2025 | 8:54 p.m.
Inflation, lack of policy clarity likely to keep Bank of Canada on an extended sabbatical
Much to the dismay of the real estate industry, the Bank of Canada is likely to extend its policy of holding interest rates steady following June’s core inflation readings.
July 16, 2025 | 7:37 p.m.
Trends that boosted retail market’s resurgence won't last forever
Retail real estate has been enjoying a return to grace following more than a decade of comparative stigma, following the global financial crisis and concerns over the effect online retail would have on brick-and-mortar retail sales.
July 15, 2025 | 7:50 p.m.
Toronto’s industrial market seems healthier than recent headlines suggest
Despite the prevailing narrative of a cooling industrial real estate market in Toronto, the city continues to outperform its peers in some key fundamentals.
July 10, 2025 | 9:59 p.m.
Ottawa commercial real estate sales remain in the doldrums so far in 2025
Ottawa’s real estate investment markets remain subdued. Like other Canadian markets, commercial property sales in the city fell in the first quarter of 2025 compared to 2024 levels. Transaction activity remained low during the second quarter as well. Both quarters represented a roughly 50% drop relative to average quarterly property sales volumes since 2019.
July 10, 2025 | 9:53 p.m.
Montreal's second-quarter property sales recover from first-quarter drop
After three successive declines in quarterly property sales, Montreal’s real estate investment sales market showed signs of recovery in the second quarter of 2025. This comes after a very weak first quarter, in which property sales activity plunged 36% below the quarterly market average since 2019.
July 7, 2025 | 5:02 p.m.
Risk premium may be too tight for comfort in Toronto’s multifamily market
The risk premium may be too tight for comfort in Toronto's multifamily property market.

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