Canadian Multifamily Market Pressures, Opportunities, and CBRE's 2025 Outlook

In this episode, Sandy MacKay explores the Canadian multifamily market, discussing new completions, homeownership affordability, and trade tensions affecting rental demand. He examines vacancy rates, a slowdown in commercial real estate investment, and regional performances. Sandy shares insights from CBRE's "Canada Real Estate Market Outlook 2025," highlighting capital market sentiment and multifamily opportunities. He also addresses challenges in the industrial sector. The episode wraps up with Sandy's final thoughts and appreciation for listeners. (0:00) Introduction and episode overview (0:19) Overview of Canadian multifamily market pressures and surge in new completions (1:27) Impact of homeownership affordability and trade tensions on rental demand (2:22) Rebalancing of vacancy rates and slowdown in commercial real estate investment (3:25) Regional investment performance across Canadian markets (5:21) Future outlook and CBRE's "Canada Real Estate Market Outlook 2025" (7:18) Upswing in capital market sentiment and multifamily sector opportunities (8:27) Challenges and normalization in the industrial sector (8:48) Conclusion and closing remarks