Greater Toronto Area investment review (Q3 2022)
Activity in the Greater Toronto Area (GTA) commercial real estate investment market slowed during the third quarter of 2022 following a strong first half, as the impacts of rising interest rates and economic uncertainty began to take effect. Many of the transactions that closed during the third quarter were negotiated in earlier months, and the market is expected to undergo a period of adjustment as stakeholders seek a new equilibrium in the current economic landscape.