Greater Toronto Area Multi-Residential Investment Review (Q3 2022)
12 décembre 2022
The Greater Toronto Area (GTA) multi-residential investment market has slowed over the course of 2022. Escalating interest rates began to impact the market after mid-year, creating a disconnect between buyers and sellers. There is a good supply of available assets on the market, but the cost and availability of debt and expected returns on equity are impeding many buyers’ ability to rise to sellers’ pricing expectations. This trend is expected to continue through the fourth quarter as the market waits to see where interest rates normalize. If the geopolitical and economic situation stabilizes as expected in the first half of 2023, the market could start to return to normal levels of activity as stakeholders adjust and find a new balance.