Global investors sensing opportunity in Canada’s housing shortage
Houses for sale in Ottawa Article content Canada’s housing shortage is starting to draw the attention of global investors who are likely to favour Canadian multi-family properties in 2024, a major real estate investment management firm says. Colliers’ Global Investment Outlook Report for 2024 is predicting that, as Canada’s high level of inward migration increases […]
Homebuyers shift focus to homes with rental potential in 2024: Re/Max
Houses for sale in Ottawa Article content Homebuyers will prioritize primary residences with rental opportunities to mitigate mortgage costs and enhance potential investment returns as uncertainty about interest rates and high housing prices continue to be themes in 2024, a major real estate group predicts. Re/Max Canada’s Housing Market Outlook Report forecasts that the national […]
How October’s inflation data could affect mortgage renewals
Houses for sale in Ottawa Breadcrumb Trail Links Real Estate News Mortgages Wave of Canadians poised to rest their home loans Author of the article: The Canadian Press Ritika Dubey Published Nov 21, 2023 • Last updated 3 hours ago • 2 minute read A person walks past multiple for-sale and sold real estate signs in […]
Seniors staying in their homes longer, says CMHC
Houses for sale in Ottawa Breadcrumb Trail Links Real Estate News Only a ‘minority’ of older Canadian households are opting to downsize Published Nov 16, 2023 • 4 minute read The percentage of Canadians aged 75 and older who sold their homes fell steadily between 2016 and 2021, according to the CMHC study. Photo by […]
REAL TIME Episode 44: How to Say Less And Get More in a…
Houses for sale in Ottawa Erin Davis: Hi, I’m Erin Davis, your host of REAL TIME, the podcast for REALTORS® by REALTORS®, brought to you by the Canadian Real Estate Association, CREA. We’ve an amazing episode in store for you today. Fotini Iconomopoulos is an internationally recognized high-stakes negotiator and instructor of MBA positions at […]
WeWork bankruptcy won’t spell the end of co-working trend in Canada
Houses for sale in Ottawa Breadcrumb Trail Links Real Estate Commercial Real Estate Bankruptcy comes at a tumultuous time for office real estate markets, but experts expect the overall impact will be fleeting Published Nov 09, 2023 • 3 minute read A WeWork Inc. co-working office space in New York, U.S. Photo by Yuki Iwamura/Bloomberg […]
Potential for worst affordability in a generation as population continues to boom
Houses for sale in Ottawa Article content Housing affordability in Canada was dealt a major blow in the third quarter as surging prices wiped out most of the gains made earlier in the year, according to the National Bank of Canada‘s latest housing affordability monitor. “If rates hold at their current level, it would only […]
Canada should embrace mass timber construction to cut emissions: RBC
Houses for sale in Ottawa Breadcrumb Trail Links Real Estate Commodities Agriculture Swapping concrete, steel with mass timber creates a 12% to 25% drop in building emissions Published Oct 30, 2023 • Last updated 4 hours ago • 3 minute read Workers lift a wall on top of the Adera Development Corp. Duet mass-timber construction site […]
Bank of Canada hold means suffocating mortgage payments will stay
Houses for sale in Ottawa Breadcrumb Trail Links Real Estate Mortgages Inflation may be cooling, but burden of high interest rates still weighing on homeowners Published Oct 27, 2023 • Last updated 2 hours ago • 3 minute read The potential for higher-for-longer rates is particularly acute for those facing mortgage renewals in the near future. […]
Toronto rental construction hits 9-quarter low
Houses for sale in Ottawa Breadcrumb Trail Links Real Estate Lowest level of construction activity since the second quarter of 2021 Published Oct 25, 2023 • 3 minute read The sun sets behind construction cranes in Toronto. The number of purpose-built rental units under construction in the GTA dipped to 18,267 in the third quarter. […]
REAL TIME Episode 43: Regaining Truth and Trust in Media and…
Houses for sale in Ottawa Erin Davis: Welcome to REAL TIME, the podcast for and about REALTORS®, brought to you by the Canadian Real Estate Association. I’m Erin Davis, proud to be your host, as today, we’re delving into information, disinformation, misinformation with a person who knows whereof he speaks. For more than five decades, […]
Quebec eyes construction industry shakeup to boost housing projects
Houses for sale in Ottawa Breadcrumb Trail Links Work Real Estate News Government proposal to relax some barriers in the industry has set up a clash between economic development goals and labour interests Author of the article: The Canadian Press Thomas MacDonald Published Oct 20, 2023 • Last updated 7 hours ago • 4 minute read […]