The Impact of PropTech in Canada

The property technology (PropTech) sector has experienced tremendous growth across Canada over the past decade with new companies steadily joining in the mix and venture capitalists (VCs) eager to get behind the next big thing.

With the emergence of AI and the advancement in other technologies, despite the challenging market conditions we experienced in 2023, a new report from PropTech Collective states that there are now approximately 500 PropTech companies in Canada.

In this article published in the Toronto + Vancouver New Home and Condo Guide, we break down the report from Proptech Collective with share our thoughts on some of the key data and trends in the sector.