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Apartment rent trends in Paris contrast with those in many other European markets

Canadian Apartment Magazine

Apartment rent trends reflect EU holidaying dip

Analysts link the upward trajectory of rents for Paris availabilities to an influx of higher-priced units previously marketed for short-term uses rather than to competition for accommodation.
Quebec landlords face tighter residential rent increase margins for 2021

Canadian Apartment Magazine

Quebec residential rent increase margins tighten

Residential landlords in Quebec face tighter rent increase margins for 2021, particularly if their buildings are centrally heated with gas or oil.
Low-income renters in both private and not-for-profit housing can now receive the Saskatchewan Housing Benefit

Canadian Apartment Magazine

More low-income renters qualify for Sask benefit

Low-income renters in Saskatchewan’s private housing market are newly eligible for the same subsidy introduced in April 2020 for tenants in not-for-profit accommodations.

Canadian Apartment Magazine

Multifamily energy performance typically vexing

Multifamily and industrial properties are routinely lumped together as favoured investment assets, but asset managers face divergent degrees of difficulty when they seek to mine value from energy performance.

Canadian Apartment Magazine

Low-income households foiled on energy savings

Prince Edward Island and Nova Scotia are the top spenders to alleviate energy cost pressures on low-income households among Canadian provinces.

Canadian Property Management

Bond rate signals to institutional investors

A 100 basis point slide in the 10-year Canada bond rate over the course of the COVID-19 pandemic contributes to real estate’s continuing allure for institutional investors.

CondoBusiness

New tax credit may apply on common area upgrades

The one-time tax credit applies on eligible capital improvements made in 2021 to safeguard seniors and enable mobility and independence within their current principal residence.

Canadian Property Management

Toronto and Vancouver outdo most U.S. markets

Canada has a numerically slight presence with disproportionate weight in Lee & Associates’ newly released third quarter commercial real estate results.

Canadian Apartment Magazine

Superintendents’ rare pay status challenged

Added demands of COVID-19 haven’t necessarily come with a commensurate boost in earnings for a workforce among the minority of Ontario employees exempt from a mandated minimum wage.

CondoBusiness

Rebate extension postpones hydro cost hit

The six-month extension comes with an improved rate since the discount on pre-tax electricity consumption and transmission/distribution costs will increase to 33.2 per cent on November 1.

CondoBusiness

Edmonton firm wins IREM award of excellence

Edmonton-based Ayre & Oxford Inc. is doubly celebrating its 25th anniversary in the real estate management business and its newly received Real Estate Management Excellence (REME) Award.

CondoBusiness

COVID-19 confounds electricity system models

After scrambling to recalibrate their models in the early days of COVID-19-related shutdowns, analysts with Ontario's Independent Electricity System Operator faced more uncharted territory when the hot weather arrived.

Canadian Apartment Magazine

Preference for multifamily assets signalled

Under COVID-19-induced pressure, investors, lenders and public markets are signalling a preference for multifamily assets. The asset class was the top attractor of investment dollars in Canada’s commercial real estate market during the first half of 2020.

Canadian Apartment Magazine

Deduction rules broadened for 2020 income taxes

The Canada Revenue Agency is expected to align with Revenu Québec in allowing employees to claim expenses for working from home during the COVID-19 pandemic, including for a "reasonable" portion of rent.

Canadian Property Management

Investment deal resumption foreseen for Q3

Static cap rates reflect limited transactions in the second quarter of 2020, but commercial real estate analysts express confidence that asset values are holding under COVID-19-related pressures.

CondoBusiness

Ontario Electricity Rebate applied unevenly

Many hydro accounts specifically tied to the common areas of multi-residential buildings will no longer qualify for the 31.8 per cent rebate beginning in November 2020.

CondoBusiness

Accommodation costs unnerve younger households

Financial uncertainty related to COVID-19 appears to be weighing more heavily on younger households than other homeowners and renters.