Canadian Real Estate Market Update – Q1 2022
According to Fiera Capital, the outlook has deteriorated given the prospect of slowing growth and persistently elevated inflation, while heightened geopolitical turmoil stemming from the war in Ukraine has exacerbated the already vulnerable macroeconomic landscape. These factors, as highlighted throughout, creates an increased probability for a “Stagflation” economic scenario – forecasted as 55% probability over the next year.
In a world where growth will be difficult to come by due to aging demographics, Canada has an immigration tailwind that should help grow its population faster than other nations, leading to increased demand for Canadian real estate.
Read our quarterly Canadian Real Estate Market Update, produced by our Strategy, Planning and Analytics team, to learn more about the current state of the office, industrial, retail and multi-residential asset classes and what to expect for 2022.Download