Canada retail insights

Retail real estate fundamentals remain robust in key markets. Total available space continues to decline, and asking rent growth is showing signs of stabilization. Despite an increase in new completions in 2024, supply remains a challenge due to limited construction activity and construction starts at historically low levels.

Demand for retail space strengthens in Toronto. 
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Sustained demand and decreasing availability drive Calgary's retail-leasing market.
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Montréal’s retail availability declines.
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Retail market tightest in Vancouver.
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Ottawa’s retail leasing market has softened.
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Increased demand for retail space in Edmonton.
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