Canadian real estate companies have been slow to embrace property technology, or proptech, putting them at risk of losing market share or falling behind their global peers, says a new KPMG in Canada report.
Commercial property services giant Colliers and technology innovator Techstars have created a proptech accelerator that helps technology companies develop products to serve the commercial real estate industry.
Real estate affordability and land supply are the No. 1 concern of developers, lenders and other real estate industry people interviewed for a new report by PwC Canada and the Urban Land Institute (ULI).
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