By Altus Group | 30 janvier 2020

GTA Flash Report 2020

2020 promises to be another solid year for both the new home and investment property sectors in the GTA.

Commercial investment & land market

  • Total investment property sales volumes in the Greater Toronto Area rebounded in 2019 to $22.6 billion, the 2nd highest annual volume yet recorded by Altus Group.
  • The Industrial and Apartment sectors were the biggest contributors to increased investment property sales volumes in
    the GTA in 2019.
  • The decline in total Residential Land sales volumes was led by Low Density land sales.
  • The $640 million purchase of the Atrium on Bay contributed to another record year for Office transactions in the GTA.

Industrial & office markets

  • Demand for industrial space continues to outstrip new supply.
  • Office vacancy rate approaching pre-recession levels.
  • Tight Downtown submarket is home to overwhelming majority of space under construction.

Residential development market

  • After a slow start to the year, total new home sales in the GTA rebounded in 2019, up 47% from 2018.
  • The gap in the benchmark price for a new single-family home and a new condominium apartment in the GTA continued to narrow in 2019.
  • Relatively low new condominium apartment inventories driving price increases.


  • More hesitation in homebuying intentions.
  • Most younger renters would like to own a home someday.
  • Not all younger households are being priced out of homeownership.
forumDemandez une démonstration

Thank you for contacting us. we will get back to you shortly!

Ce site Web utilise des témoins pour améliorer votre expérience utilisateur. En utilisant notre site Web, vous acceptez que nous ayons recours à des témoins.
cliquer ici pour plus de détails


Désolé, cette page n'est pas disponible en français