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Long Winding Road to Recovery – Outlook for Commercial Real Estate Markets in Canada

June 23, 2022

The Canadian economy and by extension the commercial real estate that houses it, is in the throes of recovery following a once in a generation pandemic. While all eyes are bracing for a cyclical return to pre-pandemic market conditions, behavioural and other secular changes brought on by the pandemic, or in many cases accelerated by the pandemic, will have varying impacts on the near term direction of office, industrial and retail property markets. This presentation will address both the challenges and opportunities brought on by these forces.



Download the slides in PDF format:  TABE Webinar – Outlook for Commercial Real Estate Markets in Canada





carl gomez headshot Chief Economist and Head of Market Analytics, CoStar Carl Gomez

With over twenty years of business experience, Carl Gomez is a well-known Canadian economist and respected investment professional specializing in real estate. He was appointed Chief Economist and Head of Market Analytics for CoStar Group in November 2020 and is responsible for working strategically to accelerate the brand’s growth momentum in Canada and to build and manage a team of high performance, senior level talent across the country.

Carl was formally Senior Vice President, Research & Strategy for QuadReal Property Group. Before that, Carl worked at Bentall Kennedy, a leading real estate investment management firm as Senior Vice President & Chief Economist.

Carl continues to be a nationally recognized speaker and media commentator on financial issues and real estate related developments, with his views having appeared in the Globe & Mail, Bloomberg, Wall Street Journal, and CBC News among others.

Carl began his career in Vancouver where he held the position of B.C. Regional Economist with the Canada Mortgage and Housing Corporation (CMHC). He also occasionally lectured on demographic based forecasting methods at Simon Fraser University. Carl holds an M.A. in Financial Economics from the University of Victoria and an Honours B.A. (Economics) from the University of Western Ontario. Carl has been an active board member for the Toronto Association of Business Economists and is a part time lecturer at Schulich Business School.

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