CoStar Group

Chief Economist, Canada

CA-ON Toronto Full time
Chief Economist, Canada


Job Description


OVERVIEW

CoStar Group (NASDAQ: CSGP) is a leading global provider of commercial and residential real estate information, analytics, and online marketplaces. Included in the S&P 500 Index and the NASDAQ 100, CoStar Group is on a mission to digitize the world’s real estate, empowering all people to discover properties, insights and connections that improve their businesses and lives.

We have been living and breathing the world of real estate information and online marketplaces for over 35 years, giving us the perspective to create truly unique and valuable offerings to our customers. We’ve continually refined, transformed, and perfected our approach to our business, creating a language that has become standard in our industry, for our customers, and even our competitors. We continue that effort today and are always working to improve and drive innovation. This is how we deliver for our customers, our employees, and investors. By equipping the brightest minds with the best resources available, we provide an invaluable edge in real estate.

ABOUT THE ROLE

CoStar Group is seeking a Chief Economist, Canada to develop and implement data-driven thought leadership and commentary focused on the Canadian commercial real estate sector and the broader Canadian economy. The Chief Economist for Canada will play a key role as the industry-facing representative of CoStar, responsible for delivering CoStar’s view and outlook on the commercial real estate market and the economy.

The ideal candidate possesses extensive commercial real estate experience with the quantitative and qualitative abilities to craft a sophisticated house view of the themes relevant to commercial real estate, including CoStar’s forecasts, both nationally and at the regional level. The individual will have specific knowledge of commercial real estate capital markets, asset class performance, and factors impacting supply and demand fundamentals. The position will also coordinate the production of all analytical content in Canada, including national, market, and submarket-level written narratives, regular news stories, and presentation content. The Chief Economist, Canada will work closely with CoStar marketing to provide data-driven commentary to national and regional media organizations.

This role will be based in one of CoStar Group's offices, including Toronto, Montreal or Vancouver.

RESPONSIBILITIES:

  • Produce timely, relevant, and insightful analysis of economic and real estate market conditions for inclusion in CoStar’s product offering. Content will take various forms, including:

  • Written narratives in CoStar’s market and sub-market reports

  • News articles

  • Presentation content

  • Interactions and discussions with CoStar customers

  • Personally maintain national-level content, including property-type specific reports and news articles

  • Represent CoStar at industry events

  • Support sales and marketing efforts in Canada, and serve as a key client contact

  • Work with CoStar research to ensure CoStar data accurately reflects market trends

BASIC QUALIFICATIONS:

  • Bachelor’s degree required

  • 10+ years of work experience in Canadian commercial real estate

  • Understanding of economic theory, principles, and their application across the real estate industry

  • Demonstrated writing skills

  • Strong data and analysis skills

  • Polished presentation skills

  • Proactive and solutions-focused client orientation

PREFERRED QUALIFICATIONS:

  • Fluency in French is strongly preferred

  • Advanced degree in related field

  • Familiarity with SQL programming

WHAT’S IN IT FOR YOU?

When you join CoStar Group, you’ll experience a collaborative and innovative culture working alongside the best and brightest to empower our people and customers to succeed. 

We offer you generous compensation and performance-based incentives. CoStar Group also invests in your professional and academic growth with internal training, tuition reimbursement, and more

Our benefits package includes (but is not limited to): 

  • Comprehensive healthcare coverage: Medical / Vision / Dental / Prescription Drug

  • Commuter and parking benefits 

  • Retirement plan with matching contributions

  • Paid time off

  • On-site fitness center and/or reimbursed fitness center membership costs (location dependent), with yoga studio, Pelotons, personal training, group exercise classes

  • Access to CoStar Group’s Diversity, Equity, & Inclusion Employee Resource Groups

  • Complimentary gourmet coffee, tea, hot chocolate, fresh fruit, and other healthy snacks 

This position offers a base pay range of $200,000 - $230,000 CAD based on relevant skills and experience and includes a generous commission and benefits plan.

CoStar Group welcomes all qualified candidates who are currently authorized to work in Canada on a full-time basis. CoStar Group will not sponsor or support work visas for this position.


CoStar Group is an Equal Employment Opportunity Employer; we maintain a drug-free workplace and perform pre-employment substance abuse testing