Proptech firms hit ‘reset’ as real-estate industry struggles
New property technology (proptech) companies regularly approach Colliers Canada with tools they believe could revolutionize construction, building management or energy conservation, according to a company executive.
Proptech refers to digital platforms aimed at supporting the real-estate sector. In Canada, the market is growing quickly, with more than 530 startups tracked in 2024, according to a recent report.
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