Eric Horie

2 weeks ago | renx.ca | Derek Lobo |Steve McLean |Evan Duggan |Eric Horie

I recently sat down with Mansoor Kazerouni, global director of the architecture and urbanism division at Arcadis, to discuss the shifting landscape of Canadian housing — specifically, the transformation of the condominium market and the rising relevance of purpose-built rental apartments.

3 weeks ago | renx.ca | Evan Duggan |Steve McLean |Derek Lobo |Eric Horie

David Frum, a former U.S. presidential speechwriter, Republican strategist and now Canadian-American staff writer at The Atlantic, speaks at the Vancouver Real Estate Forum. (Evan Duggan RENX)Canada faces difficult times ahead. That reality was the overriding undercurrent at the Vancouver Real Estate Forum last week, where commercial property industry leaders came together with issues like tariffs, the Canadian election, immigration and economic policy at the forefront of their minds.

3 weeks ago | renx.ca | Steve McLean |Evan Duggan |Derek Lobo |Eric Horie

A rendering of Almadev's LSQ project in Toronto. (Courtesy Almadev)Almadev has broken ground on two condo towers comprising the first phase of LSQ, a 15-acre master-planned, mixed-use community on Sheppard Avenue East in the Toronto suburb of North York. As pre-construction condominium sales have severely slumped over the past couple of years and some projects have been delayed or stalled, LSQ is one of the few condo projects launched in 2023 to officially begin construction in 2025.

Jan 14, 2025 | renx.ca | Eric Horie

The Canadian economy and real estate markets shifted significantly over the course of 2024, driven by the Bank of Canada (BoC) charting the most aggressive course of rate cutting among major central banks. In December, a 50-basis point (bps) reduction capped a cumulative 175 bps reduction in 2024, bringing the policy rate to 3.25% at year-end. This sharp reduction promises to improve the outlook for 2025 as consumers and businesses take advantage of lower financing costs.

Dec 5, 2024 | renx.ca | Don Wilcox |Chad Griffiths |Steve McLean |Eric Horie

Just blame Canada? Economist Benjamin Tal’s message to over 2,700 attendees at the Real Estate Forum in Toronto on Wednesday suggested that, when it comes to “uncertain” economic conditions we should at least in part, just blame America. “We are operating in very uncertain times,” Tal told the commercial real estate professionals, gathered for the two-day event at the Metro Toronto Convention Centre, in his annual keynote economic presentation.