REIT is upgrading all of its buildings to WELL standards, which are considered premier for indoor air quality and employee wellness across North America.
"What we are about to experience is not a single recovery. It is going to be a series of recoveries," says Jan De Silva, president and CEO of the Toronto Region Board of Trade.
A report from RBC's senior economist, Robert Hogue, doesn't foresee any issues arising for existing homeowners, however, the same cannot be said for first-time homebuyers.
Vancouver-based rental platform liv.rent is accepting Bitcoin rent payments, the company just announced, with landlords receiving funds in Canadian dollars.
SR&ED is administered by the Canada Revenue Agency (CRA) and can be worth hundreds of thousands of dollars. The key is recognizing how to qualify.
There are ways to avoid the stresses of the new stress test qualifications that were introduced. This expert is recommending using alternative mortgage lenders.
Even amid the pandemic, there are plenty of advantages to investing in real estate. Here's what Cliff Fraser, chief business development officer of Burlington, Ontario-based Equiton Inc., has to say on the matter.
"Recent jobs data show that workers in contact-sensitive sectors have once again been most affected. The employment rate remains well below its pre-pandemic level, with low-wage workers, youth and women continuing to bear the brunt of job."
According to Point2 Homes’ 2021 Homebuyer Survey, 51% of Canadian respondents said they have no worries buying while 44% said they're unsure when they'd buy due to low inventory and high prices.
Vertical Marketing Realty helps developers with everything from their pricing strategies and market research to actual sales, marketing, project management and building design.
“We expect intense upward price pressure to persist nationwide in the near term,” said Robert Hogue. "Further moderation in activity will not be sufficient to rebalance markets."
"Every time I talk to my older clientele who have kids, the first thing they always say is, ‘I don’t know how my kids will ever afford a home," says the broker of record at Stomp Realty in Toronto.
"There’s a hidden gem: mixed-use commercial properties in downtown Hamilton that might be able to be converted into residential properties."
Despite buying activity decelerating in May, the average selling price still crept up by 1.1% month-over-month to reach a record $1,108,453 thanks to new listings decreasing in April.
Q4 economic growth was much stronger than expected. This could help explain why interest rates have risen so fast recently and could portend a more optimistic statement from the Bank of Canada next week.
Pandemic containment measures in Canada caused job losses and a rise in the unemployment rate in April. See what Statistic Canada's Labour Force Survey report outlines.
Between 2021 and 2030, it’s anticipated Ontario will need 1,378 new certified bricklayers but only 545 are expected to complete their training and 3,630 new welders in the same period but only 610 are expected to become certified.
“In February 2020 from a month earlier, we saw numbers that were unprecedented with serious growth and a market that was still moving very quickly."
A poll conducted last month revealed interest rates will cool the housing market, but that's not all that will happen. Here's what experts have to say on the matter.
Landlords now have a more efficient way of determining renter suitability with this new tool called Rentify. Here's what the CTO and co-founder has to say.
"We’re expecting something in the neighbourhood of 200,000 people over the next five years, but we’re only completing 11,000 homes a year."
Mortgage originations grew by 25.8% year-over-year in the first quarter of the year as a result of interest rates falling to record lows. That also caused home prices to increase by 31.6% in March.
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