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Analysis & News

See the market in a whole new light.

Stay up to date with the latest market moves, data analysis, sales trends and more.

Market Analysis

Our reports provide high-level insight on sales/inventory and pricing trends, buyer behaviour and new project launches in Metro Vancouver, Victoria, Calgary, Edmonton, Ottawa and Toronto.

Sign up to get the Zonda Urban Take of your choice delivered to your inbox, or download the most recent Zonda Urban Takes below.

 

Alberta
Q2-2025 | Calgary Multi-Family
Q2-2025 | National Rental
Ontario
Q2-2025 | National Rental
Q2-2025 | GTHA Multi-Family
British Columbia
Q2-2025 | Metro Vancouver Multi-Family
Q3/Q4-2024 | Metro Vancouver Land
Q2-2025 | National Rental

In the News

 

Price TagsPress Coverage
The Globe and Mail - August 12, 2025

Even fewer Toronto condos being built than federal figures indicate, industry data show

Pauline Lierman, Zonda’s vice-president of market research for Ontario and Eastern Canada, said CMHC’s method is not a good barometer for evaluating the length of time it takes to start and complete a building...Although some projects are put on hold after the excavation has begun, Ms. Lierman argues this is a very small number relative to the overall size of the market. When a site is fully cancelled – such as what happened when one of Vandyke Properties’ condo projects was pushed into receivership in 2023 – Ms. Lierman said the start is removed from Zonda’s overall construction count.

Lando LookPress Coverage
Canada Newswire - January 23, 2025

GTHA townhouses have best quarter in 2 years as apartment sales halt

"The contrast in demand between the two market sectors, apartment and townhouses, could not have been more stark," says Pauline Lierman, Zonda Urban's vice president, market research. "Developers with townhouse product showed optimism with several projects selling out shortly after at launch.

Inventory InvestigatedPress Coverage
Canada Newswire - January 21, 2025

Ottawa new housing grows by 75 per cent, dominated by townhouses

"Ground related townhouses really are the engine of this market," says Pauline Lierman, Zonda Urban vice president of market research.

Price TagsPress Coverage
Vancouver Sun - November 28, 2024

Developers becoming less than enthused about massive towers as Burnaby approves 80-storey condo building

There isn’t an easy way to track how long it takes for approved projects to get to the launch of a presale campaign, according to Bennest.

“The challenge is that it could be a variety of factors ranging from the economy, poor decisions, other priorities, lack of resources or finances. It could be a speculator looking to (get an) approval and sell to another developer, higher costs to build, and many more factors.”

Lando LookPress Coverage
PRWeb - November 28, 2024

Townhouse Sales Surpass Condos in GTHA Multi-Family Market for the First Time in Over a Decade

Zonda Urban's Q3-2024 survey reveals a historic shift in the Greater Toronto and Hamilton Area multi-family housing market, as townhouse sales account for 56% of transactions, overtaking the long-dominant condominium sector amid a slowdown in demand.

Lando LookPress Coverage
CBC - January 5, 2024

Buckle up, renters — Calgary's rental market expected to tighten further in 2024

According to Zonda Urban, an analytics firm that tracks real estate and rental data, roughly 5,000 new purpose-built market rental units are expected to come on stream in Calgary in the coming year, with 3,000 more expected after that.

Lando LookPress Coverage
Livabl - January 31, 2023

Zonda Urban estimates at least 25,000 new condo units for the GTHA in 2023

“2022 was a year of extremes for the multi-family market in the GTHA,” Pauline Lierman, Vice President Market Research for Zonda Urban said. “The pace of sales tested historic highs at the start of the year – first half sales were ahead by 3 per cent over 2021, then the successive interest rate hikes inverted those gains to a 60 per cent year-over-year drop during the second half.”

Inventory InvestigatedPress Coverage
Vancouver Sun - January 31, 2023

More tall towers being proposed, approved and completed in Vancouver, Burnaby, Surrey and Coquitlam

Across Metro Vancouver, there are more than 20 towers over 45 storeys that have been approved by municipal governments, according to data from Zonda Urban market analyst Justin Lee. More than half of these are in Burnaby. Five are in Coquitlam and Port Moody, while Downtown Vancouver, New Westminster and Surrey have one each.

Inventory InvestigatedPress Coverage
The Globe and Mail - January 20, 2023

Presale dangers ahead: A declining market could expose buyers to significant risk

Presale dangers ahead: A declining market could expose buyers to significant risk

Want to stay up to date with the latest? 

Our Zonda Urban Take Reports will keep you informed on the real estate trends in the market to help you and your team make better decisions.

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British Columbia

2323 Quebec St S. 211
Vancouver, BC V5T 4S7
1-604-569-3535

Alberta

525 11th Avenue SW S. 410
Calgary, AB T2R 0C9
1-587-885-3535

Ontario

600 - 20 Richmond St E
Toronto, ON M5C 2R9
1-647-812-3535

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