CBRE Canada
Canadian Property Management
Resurgent office market lures back lenders
The financial services sector provides dual momentum for Canada’s resurgent office market — as a tenant ramping up demand for space;, and as a lender loosening access to capital.
CondoBusiness
Condominium market collapse brews change
Untenable pro formas, skittish lenders and reluctant buyers are intertwined features of a condominium market collapse destined to further complicate Canada’s affordable housing shortage.
Canadian Property Management
Coasts and prairie enjoy buoyant retail rents
Buoyant retail rents were most evident in Vancouver, Saskatoon, Winnipeg and Halifax during the second half of 2025, while the rare downward trends were mostly confined to street-based, urban shopping districts.
Canadian Property Management
Generally positive trends hint office recovery
Downtown Toronto experienced a second consecutive quarter of strong office leasing activity in the fall of 2025, making it the most clear-cut example of generally positive trends across Canadian markets.
Canadian Property Management
Canadian retail rents steady thus far in 2025
Retail rents held steady in the first half of what’s been a tumultuous year for Canadian consumers, merchandisers and mall landlords.
Canadian Property Management
Familiar market patterns transpire in Q1
Canada’s industrial availability rate crept slightly upwards during Q1 2025, while office vacancies continued to hover in the same general range they’ve occupied since mid-2023.
Canadian Property Management
Lenders exhibit decarbonization disconnect
Canadian lenders may be reassessing the urgency of decarbonization, but they still express enthusiasm for the sustainable assets and impact investments that appear to be losing cachet in the United States.
CondoBusiness
Loan conditions onerous for condo projects
Loan conditions are expected to be onerous for residential condominium developments again in 2025, following a year when many lenders pulled back on construction financing.
Canadian Property Management
Office leasing makes national gains in 2024
Office leasing activity ticked up by 2.6 million square feet across 10 major Canadian markets in 2024, marking the first year of national positive net absorption since 2019.
Canadian Property Management
New supply pads office and industrial inventory
More than 5.7 million square feet of office space and nearly 21 million square feet of industrial space have been newly delivered to the national market during the the first three quarters of 2024.
Canadian Property Management
Hotel transaction volume outpacing last year
Colliers Canada projects hotel transaction volume should surpass $2 billion in 2024, based on first half sales and properties currently in the deal pipeline.
Canadian Property Management
Retail squeeze buoys mixed-use development
Mixed-use developments represent one of the few options for new retail space in Canada's largest markets, as demand and rental rates continue to rise.
Canadian Property Management
National office vacancy rate nudges up in Q1
Vancouver and Winnipeg led positive absorption while Toronto and Montreal posted the largest losses, as the national office vacancy rate nudged up to 18.4 per cent during the winter of 2024
Canadian Property Management
Year-end retail rents show little slippage
Retail rents rose or remained steady across most formats during the second half of 2023 with slippage confined to a few street-based, downtown shopping districts in large Canadian cities.
Canadian Property Management
National office vacancy rate continues to climb
Toronto was a major contributor to the rising national office vacancy rate in the fourth quarter of 2023, which ticked up to 18.3 per cent despite positive absorption in Calgary, Edmonton, Vancouver, Ottawa and Halifax.
Canadian Property Management
Lenders set to curtail office exposure in 2024
Lenders generally expect to curtail office exposure while increasing overall allocations to Canadian real estate in 2024, findings from CBRE Canada's annual survey reveal.
Canadian Property Management
Retail rents posting gains in open-air venues
Calgary, Montreal and Halifax particularly enjoyed an upturn in retail rents during the first half of 2023, but declining rates were next to non-existent across Canada's major urban markets.
