We look at how PropTech (property technology) companies are moving from Canada to the US market. A close look at how much bigger the US market is - with $24.7 trillion in commercial real estate and $88.9 trillion in residential real estate.
Canada offers a strong foundation for PropTech companies with its robust education system, skilled talent pool, and favorable immigration programs that foster a thriving tech ecosystem
The US real estate market is over ten times larger than Canada's, but the residential mortgage market is only 6.4 times larger, indicating Canada's higher home price-to-income ratio
Successful expansion requires careful market selection, strategic partnerships, and focusing on customers with high growth potential