Apartment

market drivers

Canadian Apartment Magazine

Developers weigh in on market drivers

Collectively, the 400+ C-suite and senior executives see more opportunity than threat in technological advancements, social change and a less economically stratified society.
constrained Toronto market

Canadian Property Management

Constrained Toronto market curbs Q2 investment

Land deals accounted for half the value of real estate investment in the Greater Toronto Area during the second quarter of 2018, while activity in the office sector dipped considerably.
investors chase multifamily properties

Canadian Apartment Magazine

Investors chase multifamily properties

Midyear results from CBRE and Colliers International reveal that almost every other property type, except premier office, is trading at higher cap rates in major Canadian markets.
furniture

CondoBusiness

Lounge furniture targeted as multi-res fire risk

Some condo lobbies may be looking spare lately because the lounge furniture that usually occupies these spaces is being targeted as a fire risk.
energy use disparity

Canadian Apartment Magazine

Energy use disparity seen in housing tenures

Analysis of nearly 133,000 households across the United States reinforces intuitive assumptions about who is most likely to invest in energy-efficient appliances.
millennials

CondoBusiness

Is condo living just a phase for GTHA millennials?

Condo living may just be a phase for millennials in the Greater Toronto and Hamilton Area, new research out of Ryerson University suggests.
multi-res landlords

Canadian Apartment Magazine

Toronto redeploys funds to multi-res landlords

Unused funds originally earmarked for energy retrofits in single-family housing will be transferred to a more popular program for the multi-residential sector.
canvasser

REMI Network

New fines for turning away canvassers take effect

Apartment landlords and condo corporations that turn away canvassers from multi-residential buildings during the election will risk fines under new rules.
GTA Q1 investment activity

Canadian Property Management

Robust demand drives GTA Q1 investment activity

Cominar REIT stands out among the vendors, as it offloaded two office, two retail and one industrial property for earnings of nearly $717 million.
vancouver office space

CondoBusiness

Vancouver home sales fall nearly 30 per cent in March

In March 2018, the Real Estate Board of Greater Vancouver reported 2,517 residential home sales, down 29.7 per cent compared to March 2017's 3,579 sales.
looming multifamily exodus

Canadian Apartment Magazine

U.S. birth data hints looming multifamily exodus

U.S. housing analysts are drawing links between the rising age of first-time mothers and the country's vibrant multifamily apartment market in recent years.
GTA home sales

CondoBusiness

National home sales decline further in February

Canadian home sales fell 6.5 per cent month-over-month in February, according to statistics released by the Canadian Real Estate Association (CREA).
tax break for new rental housing

Canadian Apartment Magazine

Manitoba nixes tax break for new rental housing

Developers of purpose-built rental housing in Manitoba are losing a tax credit that has been available for the past five years.
residential development land

CondoBusiness

B.C. residential development land takes tax hit

The British Columbia government expects to collect about $520 million in new annual revenue through additional residential property taxes and property transfer taxes.
OHBA Awards of Distinction housing excellence

CondoBusiness

CHBA names 2018 National Awards for Housing Excellence finalists

The Canadian Home Builders’ Association (CHBA) has announced the finalists for the 2018 National Awards for Housing Excellence.
potential for rent growth

Canadian Apartment Magazine

Cap rates reflect potential for rent growth

An already low national multifamily cap rated nudged down a little further in the fourth quarter of 2017.
condo supply and affordability

CondoBusiness

GTA condo supply and affordability in decline

Land for high-rise condominium development was a major component of $23.5 billion in investment property sales in the Greater Toronto Area last year.