The story of Canadian real estate is one of shifting economic fortunes and changing real estate trends. Whether you’re a real estate owner, investor, lender or leaseholder, you’re not immune to the emerging trends in the market.
Affordability, technological disruption and transit development across the country continue to impact the real estate industry. With competition for skilled labour high, shrinking land supply in major centres, and growing consumer demands, development is becoming increasingly difficult. Staying on top of these trends is key to helping today’s real estate players navigate challenges and prosper over the long term.
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The economic and geopolitical concerns evident in Emerging Trends in Real Estate regional reports published in the last quarter of 2016, are if anything more pronounced in the global report.
The Canadian real estate industry has seen unprecedented growth in the past decade and only recently has the level of general transaction activity slowed in pace.