Canada Real Estate Market Introduction and Overview
According to SPER Market Research, the Canada Real Estate Market is estimated to reach USD 82.40 billion by 2033 with a CAGR of 3.49%.
The report includes an in-depth analysis of the Canada Real Estate Market, including market size and trends, product mix, distribution channels, and supplier analysis. Real estate is property that is composed of both land and buildings. It is a sort of tangible item with inherent value that plays a significant role in the world economy. The four categories of real estate are commercial, industrial, residential, and agricultural. Each has distinct features and investment dynamics of its own. The real estate market is affected by a number of factors, including location, government regulations, demographics, and economic situations.
- In order to facilitate communication and access to legal services, Dye & Durham Limited ("Dye & Durham") and Lone Wolf Technologies ("Lone Wolf") have announced the launch of a brand-new integration designed especially for CREA WEBForms powered by Transactions (TransactionDesk Edition).
- September 2022: As part of its ongoing acquisition and collaboration initiatives, Calgary-based ApartmentLove Inc. recently purchased OwnerDirect.com and signed a rental listing license agreement with a major U.S. aggregator.
Market Opportunities and Challenges
Opportunities: The Canadian real estate market offers opportunities as well as challenges. Positively, Canada offers chances for real estate growth and investment due to its steady economy and sparse population. The need for housing is still high due to urbanization, immigration, and population expansion, particularly in large cities like Toronto and Vancouver. Furthermore, historically low interest rates have increased accessibility to financing, drawing in both domestic and overseas investors.
Challenges: But these elements can lead to difficulties. Because of the increased demand and rising real estate costs, many Canadians now find it increasingly difficult to become homeowners. The affordability of property is a problem, especially for first-time purchasers. Additionally, the market is vulnerable to changes in the economy and world events like interest rate hikes and geopolitical unrest. It is difficult for policymakers to strike a balance between promoting growth and resolving affordability difficulties. All things considered, the Canadian real estate market presents potential, but navigating it carefully is necessary to meet the problems that come with it and guarantee equitable and sustainable growth.
Market Competitive Landscape
The residential real estate market in Canada is highly fragmented, with several international, regional, and local participants. In the market, Amacon, Aquilini Development, Concert Properties Ltd., and Century 21 Canada are a few of the leading businesses. The market is being driven and chances for market participants to invest are being created by the increasing potential in residential real estate as a result of growing immigration and the development of infrastructure across various states.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Property, By Type
|
| Regions covered | Eastern Region, Western Region, Southern Region, Northern Region
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| Companies Covered | Amacon, Concert Properties Ltd, Shato Holdings Ltd, Aquilini Development, Bosa Properties, B.C. Investment Management Corp., Brookfield Asset Management, Polygon Realty Limited, Slavens & Associates, Living Realty, Others. |
COVID-19 Impact on Canada Real Estate Market
Builders and purchasers have generally switched to virtual tours and digital contract signatures as a result of COVID-19. With more people working from home, there is a growing desire for larger homes. The Bank of Canada (BoC) reports that the housing affordability index decreased, which is indicative of less restrictive homeownership requirements. It has progressively increased since then, surpassing its pre-pandemic level in Q2 2021. Lower mortgage rates and increasing household disposable income (HDI) during the start of the epidemic gave consumers more purchasing power.
Key Target Audience
- homebuyers and renters
- Real estate developers looking to launch new projects
- Businesses in need of commercial spaces
- Individuals interested in property-related services
Our in-depth analysis of the Canada Real Estate Market includes the following segments:
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By Property:
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Commercial
Industrial
Land
Residential
Others
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By Type:
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Sales
Rental
Lease
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By Region:
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Eastern Region
Western Region
Southern Region
Northern Region
|
Key Topics Covered in the Report
- Canada Real Estate Market Size (FY’2023-FY’2033)
- Overview of Canada Real Estate Market
- Segmentation of Canada Real Estate Market By Property (Residential, Commercial, Industrial, Land, Others)
- Segmentation of Canada Real Estate Market By Type (Sales, Rental, Lease)
- Statistical Snap of Canada Real Estate Market
- Expansion Analysis of Canada Real Estate Market
- Problems and Obstacles in Canada Real Estate Market
- Competitive Landscape in the Canada Real Estate Market
- Impact of COVID-19 and Demonetization on Canada Real Estate Market
- Details on Current Investment in Canada Real Estate Market
- Competitive Analysis of Canada Real Estate Market
- Prominent Players in the Canada Real Estate Market
- SWOT Analysis of Canada Real Estate Market
- Canada Real Estate Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Canada Real Estate Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Canada Real Estate Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Canada Real Estate Market
7. Canada Real Estate Market, By Property (USD Million)
7.1. Canada Real Estate Market Value Share and Forecast, By Property, 2023-2033
7.2. Commercial
7.3. Industrial
7.4. Land
7.5. Residential
7.6. Others
8. Canada Real Estate Market, By Type (USD Million)
8.1. Canada Real Estate Market Value Share and Forecast, By Type, 2023-2033
8.2. Sales
8.3. Rental
8.4. Lease
9. Canada Real Estate Market Forecast, 2019-2033 (USD Million)
9.1. Canada Real Estate Market Size and Market Share
10. Canada Real Estate Market, By Type, 2019-2033 (USD Million)
10.1. Canada Real Estate Market Size and Market Share By Type (2019-2026)
10.2. Canada Real Estate Market Size and Market Share By Type (2027-2033)
11. Canada Real Estate Market, By Type, 2019-2033 (USD Million)
11.1. Canada Real Estate Market Size and Market Share By Type (2019-2026)
11.2. Canada Real Estate Market Size and Market Share By Type (2027-2033)
12. Canada Real Estate Market, By Region, 2019-2033 (USD Million)
12.1. Canada Real Estate Market Size and Market Share By Region (2019-2026)
12.2. Canada Real Estate Market Size and Market Share By Region (2027-2033)
12.3. Eastern Region
12.4. Western Region
12.5. Southern Region
12.6. Northern Region
13. Company Profile
13.1. Amacon
13.1.1. Company details
13.1.2. Financial outlook
13.1.3. Product summary
13.1.4. Recent developments
13.2. Concert Properties Ltd
13.2.1. Company details
13.2.2. Financial outlook
13.2.3. Product summary
13.2.4. Recent developments
13.3. Shato Holdings Ltd
13.3.1. Company details
13.3.2. Financial outlook
13.3.3. Product summary
13.3.4. Recent developments
13.4. Aquilini Development
13.4.1. Company details
13.4.2. Financial outlook
13.4.3. Product summary
13.4.4. Recent developments
13.5. Bosa Properties
13.5.1. Company details
13.5.2. Financial outlook
13.5.3. Product summary
13.5.4. Recent developments
13.6. B.C. Investment Management Corp.
13.6.1. Company details
13.6.2. Financial outlook
13.6.3. Product summary
13.6.4. Recent developments
13.7. Brookfield Asset Management
13.7.1. Company details
13.7.2. Financial outlook
13.7.3. Product summary
13.7.4. Recent developments
13.8. Polygon Realty Limited
13.8.1. Company details
13.8.2. Financial outlook
13.8.3. Product summary
13.8.4. Recent developments
13.9. Slavens & Associates
13.9.1. Company details
13.9.2. Financial outlook
13.9.3. Product summary
13.9.4. Recent developments
13.10. Living Realty
13.10.1. Company details
13.10.2. Financial outlook
13.10.3. Product summary
13.10.4. Recent developments
13.11. Others
14. List of Abbreviations
15. Reference Links
16. Conclusion
17. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
