Sales of commercial real estate assets in the Greater Toronto Area (GTA) continue to fluctuate quarter-over-quarter. Despite a strong showing by the office sector, sales declined in the industrial, retail, ICI land and multi-residential sectors. Consistent, however, are historically low interest rates, plentiful capital, constrained product supply and competitive bids (especially from foreign buyers), resulting in historically low cap rates.
An excess of regulations has made Oakville and Toronto among the most difficult communities in which to build new housing in the Greater Golden Horseshoe, according to a survey of homebuilders released on Wednesday, October 14, 2015 by the Fraser Institute, an independent, non-partisan Canadian policy think-tank.