Re-development sites, apartments, and offices are the GTA’s major investment drivers during Q2 2019
This is after a surprising series of increases at the beginning of the year
Sustained demand from the tech sector, in particular, has stoked an unprecedented pace of construction
It’s quickly regaining its status as world-class city after decades in the doldrums
Steady development and renovation in the space attracts further investment and foot traffic
There aren’t many construction lenders out there, but Foremost Financial has found both its niche and playground
This bodes well for the cities’ commercial property markets
So far, older Canadians are among the most active demographics in terms of housing
Tech sector is also stimulating steady demand for commercial space
This would be the latest in a series of take-overs of Vancouver structures by tech and e-commerce giants
Nearly 90% of Canada’s new office space is situated in its most important cities