Canadian Real Estate Market Update – Q2 2025

Canada’s economy and commercial real estate market continue to show signs of a quiet recovery in 2025—supported by easing inflation, improving liquidity, and a stabilizing macro backdrop. GDP growth surprised to the upside in Q1, labour markets regained momentum mid-year, and the Bank of Canada’s ongoing term repo program is providing a steady capital tailwind. 

In our latest report, Michael Le Coche, Vice President, Vice President, Research and Predictive Analytics, outlines where the most compelling opportunities in Canadian real estate lie for forward-looking investors.