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This episode highlights commercial and industrial real estate in Montreal, highlighting the balance of sales and the seller’s interest. The industrial market has seen strong growth, partly due to owner-occupiers willing to invest. We also compare Montreal and Toronto, noting that Montreal is developing. Interest rates vary by sector. Concerns include rising prices for industrial land and its conversion to residential. Expropriation affects land values, and developers face challenges with municipalities. Cities must play an active role in creating housing, and immigration will continue to influence the real estate market despite rising interest rates.