An additional property transfer tax aimed at stemming the tide of foreign investment in residential real estate has made immediate waves in Metro Vancouver.

Multifamily is the only commercial property sector that has not yet surpassed the $1 billion threshold for sales volume thus far in 2016.

John McKinlay has been named chief executive officer of LaSalle Canada, coming to the post with 20+ years of experience in real estate investment management.

“Leadership has an ethical core, and ethics means not just making good decisions, but leading others in making good decisions.” – Chris MacDonald, Founding Director

Toronto's downtown office vacancy rate sits at 6.3 per cent midway through 2016, while the 8.4 per cent availability rates reflects tenants preparing future moves to the more than 3.5 million square feet of new office space now under construction.

A companion metric to the Global Real Estate Transparency Index, the Sustainability Transparency Index uses a different scoring system tied to the availability of voluntary or compulsory methods of demonstrating a building's energy and environmental performance.

CBRE's Toronto West team was the first of three GTA offices to move into new digs as the firm completes a cross-country workplace transformation program.

Three building-related industry professionals were winners of the 2016 RBC Top 25 Canadian Immigrant Awards.

Vancouver and Toronto markets capture a large share of Q2 investment action, while multifamily, office and industrial are favoured property types.

Analysts expect landlords to hold a harder line on rents once they take back a greater portion of the nearly 3.8 million square feet of sublease space now available in the downtown office market.

Like a time out in a sporting event, a suspension of trading temporarily halts market action — giving fund managers more room to manoeuvre in paying out departing investors and/or interrupting an exodus that could force the sale of assets and further devalue the fund.

Uncertainty in the United Kingdom and European Union could further accentuate the attractiveness of Canadian real estate, but doesn't alter the perception that this is a difficult market to penetrate.

Consumers snapped up 3,623 new high-rise homes in the GTA in May, making it the second-best month on record, next to November, 2011, reported BILD.

Realtors in Mexico's popular Riviera Maya offer a timely reminder that there are only two recognized ways for foreign investors to purchase land within 50 kilometres of the country's coastline or 100 kilometres of its international borders.

The Canadian Real Estate Association reported a dip in national home resales of 2.8 per cent in May after breaking the monthly record in April.

The Canadian Real Estate Association (CREA) expects to see national home resales rebalance away from B.C. and Ontario in the second half of the year.

The Canadian Real Estate Association (CREA) expects to see national home resales rebalance away from B.C. and Ontario in the second half of the year.