Sellers can hold out for better market conditions: BMO
Average sales growth forecast to fall 16%
Venture capital, infrastructure and private debt are expected to see the most growth
Detached home prices down 10% year over year, condos up 3%
After a pandemic pause, inequality is growing as poor hit harder by downturn
Yet clients will need guidance in the medium term due to real estate-driven volatility and affordability pressures
Winnipeg, Toronto and Vancouver are expected to see the largest declines
More declines from recent highs are likely, but prices should remain above pre-pandemic levels
Office vacancies rose along with residential rents, Morguard says
The industrial category saw the highest investment dollar volume in Q2