Canadian Apartment Investment Report 2025

The Canadian Apartment Investment Report, published annually, serves as a comprehensive resource for professionals in the multi-residential real estate sector. Coinciding with the Canadian Apartment Investment Conference on September 11, this year's edition offers a wealth of insights from industry leaders, addressing critical challenges and opportunities shaping the future of Canada’s apartment markets.

"Modular housing can be one of the solutions to the affordable housing crisis but it is unlikely to be the solution. The benefits of modular housing are that it can help reduce overall construction costs via efficiencies with design and materials, and reduce delays..."

Paula Gasparro, VP, Real Estate Finance, Commercial, CMLS

Key themes and questions explored

1. Purpose-built rentals (PBRs):
   The industry’s pivot to purpose-built rentals is a recurring theme. Experts weigh in on whether projections align with reality and how this shift impacts market dynamics.

2. Geopolitical environment:
   The report examines how geopolitical factors, including global uncertainty, have influenced the Canadian economy and residential market.

3. Immigration policy amendments:
   With changes to immigration policies and a notable decline in new residents, the report explores the overall impact on residential markets across Canada.

4. Trends for 2025 and 2026:
   Industry leaders provide forecasts for the remainder of 2025 and into 2026, highlighting challenges such as rising costs, density concerns, and the impact of GST relief measures.

5. Affordable housing crisis:
   Modular housing is presented as a potential solution to Canada’s affordable housing crisis. The report identifies barriers preventing developers from adopting this approach.

6. Environmental, social, and governance (ESG):
   ESG considerations are increasingly important in today’s real estate landscape. The report outlines how organizations are integrating sustainability and social responsibility into their operations.

For a deeper dive into these topics and expert insights, the full report offers detailed analysis and perspectives from industry leaders and is an essential read for anyone navigating Canada’s multi-residential market.