A shifting Toronto real estate market saw suburban office space achieve its first annual net absorption gain since 2019, while downtown vacancy rates climbed despite stable rents, according to recent reports from the CBRE. Meanwhile, industrial properties faced increased availability due to record-high new supply, softening lease rates but sustaining strong absorption.

GTA Suburban Office Market

The...

Weston Place, by Citimark, offers a distinctive approach to luxury living in West Vancouver. Situated in a well-established, sought-after neighbourhood, this development is designed to blend modern sophistication with the charm of the North Shore. With a focus on thoughtful design and an emphasis on both elegance and practicality, Weston Place promises an exceptional living experience. Scheduled for...

The Bank of Canada’s latest decision to lower the overnight lending rate by 25 basis points from 3.25% to 3% is giving homeowners and prospective buyers plenty to consider. With two previous half-point cuts in late 2024, this latest move continues to ease pressure on borrowers with variable-rate mortgages. But does it make variable rates the smarter choice over fixed rates? Or have fixed rates bottomed...