REIT is upgrading all of its buildings to WELL standards, which are considered premier for indoor air quality and employee wellness across North America.
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"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.
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.
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