The top five Canadian real estate markets to watch in 2020 are Vancouver, Toronto, Ottawa, Halifax, and Montreal, according to Emerging Trends in Real Estate® 2020.Please join us at the 2020 ULI Spring Meeting in Toronto.Vancouver’s office and industrial real estate are doing particularly well. The office sector is being buoyed by “a healthy job market and strong absorption by tenants in the technology sector,” the report notes. These strong prospects exist despite moderating economic growth and an expected decline in total housing starts.Toronto’s strength is fueled in part by immigration that is making it one of the fastest-growing cities in North America, the report says. But housing affordability is a significant concern.Ottawa’s population is growing, thanks in part to migration of Ca
Elizabeth Razzi served as editor in chief of Urban Land from 2011-2021. She has been a writer and an editor for The Washington Post, Kiplinger’s Personal Finance, and other publications.
