CREA mentioned 443,511 Canadian homes had been bought in 2023, eleven per cent fewer than in 2022 and similar to the interval after the 2007 U.S. housing crash and world recession. Industrial CRE has seen vital growth throughout this rough time for CRE total. We are seeing substantial progress in large real estate developments for data facilities to deal with synthetic intelligence and “bitcoin mining” pc farms. As the pandemic pushed many companies to strengthen their e-commerce and delivery models, the race for quicker shipping shifted up a gear, and industrial CRE for warehousing and logistics continues to learn. Many …