inflation
REMI Network
Consumer uncertainty stalls spring housing market
Canada's spring housing market is slow compared to previous years, but activity is picking up, according to new data from Royal LePage.
Canadian Apartment Magazine
Canada’s rental squeeze continues despite rate cut
While lower interest rates may ease mortgage payments for property owners, they do little to close the affordability gap that leaves many renters one paycheque away from missing payments.
REMI Network
Vancouver’s unsold condo inventory could surge by 60%
Nearly 3,500 new condo units in Vancouver could remain unsold this year as completions outpace demand.
Canadian Property Management
Hedge status ascendant for U.S. real estate
Real estate economist predicts mounting investor appetite coupled with a “once-in-a-generation buying opportunity” as distressed properties flood into the marketplace.
Canadian Apartment Magazine
A record year for rent growth in Canada
Rent growth in Canada reached a record high in 2023 according to the latest multifamily report from Yardi.
REMI Network
Mortgage experts predict declining rates
After a year of rate hikes, mortgage experts are predicting gradual cuts starting in mid-2024.
Construction Business
Flattening commodity prices expected in 2023
According to global construction consultancy firm, Linesight. commodity prices are expected to flatten in 2023.
REMI Network
Report digs into homebuyer sentiment for 2023
The survey underscores that most Canadians strongly believe governments should prioritize the affordability and supply crisis.
Canadian Apartment Magazine
Affordability payments now available in Alberta
Effective January 18, 2023, eligible Albertans can apply to receive $600 in affordability payments to help offset the high cost of living.
Construction Business
B.C.’s economy expected to remain steady in 2023
B.C.'s economy is expected to remain steady after slower economic growth through 2023 due to global inflation and higher interest rates.
Canadian Apartment Magazine
Annual rent increase more than doubles average wage increase
Annual average rent in Canada rose 11.8 % in October, which is more than double the average hourly wage increase of 5.6 %.
Canadian Property Management
Push to curb inflation has CRE ramifications
Transaction volume had been surpassing pre-pandemic levels until the steepest and most rapid rise in interest rates thus far this century undermined that momentum.
REMI Network
GTA new condo sales for September down 89%
New condo sales in the Greater Toronto Area were down 89 per cent from September 2021 and 84 per cent below the 10-year average.
CondoBusiness
Construction costs rattle the condo industry
Construction cost increases are a significant concern if a condo needs to complete work in the next year or so. But the concern isn't just the here and now.
Facility Cleaning & Maintenance
Recession or inflation worries? Tips on navigating strained economic times
An economic recession affects everybody, from small businesses to large enterprises and every consumer connected. Stalling economic growth and the threat of compounding financial challenges
Canadian Facility Management & Design
Workers stress over cost of returning to the office
As food and gas prices remain high, nearly half of Canadian employees worry about the added costs of returning to the office full-time, above other issues.
REMI Network
Inflation causing Canadians to falter on housing payments
The rising cost of living is causing more than 1.3 million Canadians to fall behind on housing payments.
