Canada’s apartment market continues to capture the attention of investors craving stability in what has become an uncertain economic backdrop. Notably, Calgary apartment market conditions have
The reclassification from an industry group within the financials sector formally occurs on September 1, and will also introduce a new term for real estate investment trusts (REITs), which will become known as Equity REITs.
A new report from Urbanation indicates the GTA rental market is in healthy shape, with tightened conditions due to fewer completions and less turnover.
National vacancy levels remain healthy as we move into Q3, supporting strong income stability for owners and investors active in the Canadian apartment market.
As the rental industry grows and changes, so do residential tenancy laws. Joe Hoffer, Partner Cohen Highley LLP, highlights three specific areas of concern.
Cogeneration in Canada is no longer just for hospitals and industrial facilities—multi-residential property owners are beginning to take note of this energy savings technology, too.
A new report from Urbanation suggests rental market demand is hot given both condo rentals and purpose-built construction starts saw record numbers in 2015.
Affordable housing shortages for working Canadians have hit critical levels in most major cities across Canada. For years, grim statistics of growing waitlists far outpacing the number of affordable rental units under construction have made headlines nation-wide. Despite the alarming numbers, not much in the way of viable, sustainable solutions have been presented. That is, until now...
The average cap rate in the GTA for the third quarter of 2015 (Q3’15) hit its lowest level in the last 30 years. Cap rate in Q3’15 stood at 3.75 per cent, down from 4.2 per cent in Q2’15 and down almost 50 per cent from the 6.3 per cent posted in Q3’10.
Window replacement can be expensive, involved and intrusive. It's important to answer four questions before beginning this kind of project in a condo.
Apartment transactions totaling $328 million contributed12 per cent to the overall first quarter dollar volume, with 37 properties trading in excess of $1 million.
BOMA Canada and REALpac are part of the global coalition supporting the new International Property Measurement Standard
Following a breakthrough year in 2013, 2014 saw the GTA apartment market return to its normal supply and demand dynamic. What do the statistics tell us?
With the arrival of 2015, it’s fair to say that the real estate market is facing some uncertainty. Here are highlights from Avison Young's market report.
Marcus & Millichap released its bi-annual Apartment Market Report in mid-November, highlighting steady job growth and strong apartment demand in the Greater Toronto Area.
According to statistics from Canada Mortgage and Housing Corporation, fewer than 30 per cent of all rental apartment units in downtown Toronto offer family-friendly apartments. By contrast, in neighbouring Mississauga more than 60 per cent of rental units provide two or more bedrooms.
With 2014 winding to a fast finish, First National’s Peter Cook and Robert Fleet answer some important questions about apartment financing in today’s competitive market.