Rental Trends, Immigration Impact, and Canadian Real Estate Outlook for 2025

In this episode, Sandy MacKay kicks off with an introduction and an overview of current market trends. The discussion highlights the decline in national average asking rent and the surge in new multifamily units. Sandy examines the impact of reduced immigration and escalating trade tensions on rental demand. Expert insights are shared on the current housing slump and the potential for market rebalancing. The episode also covers Morgan Properties' recent acquisition and its significance for the Canadian real estate sector. Sandy concludes with CBRE's outlook for the Canadian real estate market in 2025, offering a forward-looking perspective. (0:00) Introduction and market trends overview (0:16) Decline in national average asking rent and surge in new multifamily units (1:12) Impact of reduced immigration and escalating trade tensions on rental demand (2:05) Expert insights on the housing slump and market rebalancing (3:33) Morgan Properties' acquisition and its significance for Canadian real estate (4:30) CBRE's outlook for the Canadian real estate market in 2025