Market Report: Q4 2024 Commercial Real Estate Report for Peel, Halton and Hamilton Regions
The GTA’s commercial real estate market is experiencing cautious recovery, with selective gains in office leasing and stable industrial demand.
The GTA’s commercial real estate market is experiencing cautious recovery, with selective gains in office leasing and stable industrial demand.
Despite a slow start, 2024’s commercial real estate market experienced growth as interest rate cuts and pre-emptive asset disposals drive renewed activity and investor confidence.
Despite a slow start, 2024’s commercial real estate market experienced growth as interest rate cuts and pre-emptive asset disposals drive renewed activity and investor confidence.
How did sellers respond to the capital gains inclusion rate hike? Discover the strategic moves that defined Q2 in Commercial Real Estate. This quarter, a lot of buzz surrounded the capital gains inclusion rate increase. Many sellers were keen to divest their assets before the June 24th deadline. Now that the quarter is over, let’s dive into the data and see the impact on deal volume.
Looking back at the close of 2023, we examine how the commercial real estate market fared in the last quarter and what we can expect moving into 2024.
Presently, the City of Hamilton is reassessing its development charges for the remainder of 2024. The proposed plan suggests a staggering increase in industrial development charges to $41.48—a 148.38% surge from the current rate.