Canada’s national apartment vacancy rate rose to 5.1% during the first quarter, up 110 basis points year-over-year and the ninth consecutive quarterly increase. According to new data from Yardi, in-place rent growth slowed to an average of 2.7% annually – the lowest...
The Greater Toronto Area (GTA) runs the risk of having a significant oversupply of office space that will impact the market until at least 2041. A new report prepared by Altus Group and released by NAIOP Greater Toronto predicted the near-future with three hybrid work...