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Canada Real Estate Market Outlook 2025
December 6, 2024 35 Minute Read
CBRE’s 2025 Canadian Real Estate Market Outlook for insights into the trends shaping real estate in 13 Canadian cities.
The persistent escalation of the U.S. global trade war reached a critical point earlier this month when financial markets went through a rollercoaster of volati...
Pockets of improving fundamentals overshadowed by tariff uncertainty for an overall quiet quarter
Starting 2025 on a positive note with first quarter of improved downtown vacancy since Q1 2020
Canada Monthly Market Commentary on real estate trends
A monthly update on commercial real estate news and trends on debt and structured financing.

2025
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2025 Canadian Real Estate Market Outlook
2025 is poised to be a year of increased activity. The cost of capital crisis will finally begin to ease and, contingent on global bond market conditions, investment and leasing activity will increase in the year ahead.
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Optimize your real estate investment strategy with expert perspectives. Our research and insights platform combines comprehensive data with in-depth capital markets expertise across geographies and property types.
From shifting demographics and population migration to emerging infrastructure and industries, examine the forces transforming cities and uncover new opportunities in the world’s economic centers.
Unleash the potential of any space with expert insight into the innovations that are transforming physical environments across property types and industries.
Attract top talent, empower your team and deliver results with perspectives that unlock the potential of your real estate to inspire your workforce’s ambitions.
Anticipate risk, minimize disruption and create resilience for your business with strategic insights into our ever-changing, increasingly complex world.
CBRE Research delivers authoritative global thought leadership and deep local market intelligence to clients and colleagues around the world. Powered by the industry’s leading data and analytics platform and the forecasting strength of CBRE Econometric Advisors, our 40+ researchers in Canada deploy expertise across property types, industries and economies to deliver results for investors and occupiers.
Leadership
Nicole La Russo
U.S. Head of Field Research & Data Intelligence
Dennis Schoenmaker, Ph.D.
Executive Director & Principal Economist, CBRE Econometric Advisors