The Canadian real estate industry is facing both significant challenges and new opportunities.
Housing supply and affordability issues are top-of-mind for many people, while retail, student and seniors housing, self-storage and industrial properties are demonstrating resilience and, in some cases, outperforming expectations.
These topics and more are explored in PwC and Urban Land Institute’s new Emerging Trends in Real Estate report, which was compiled from information provided by hundreds of surveys and interviews with industry leaders.
The report was launched at a recent event at Toronto’s Fairmont Royal York that featured industry executives sharing their thoughts on the state of the market and where they see it going.
“Financing costs, together with tariffs, are making underwriting pro formas very challenging,” said PwC Canada partner and national real estate tax leader Fred Cassano. “Capital was being deployed cautiously, with a focus on operational discipline..." [READ MORE]
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