With regards to the current housing supply and affordability crisis, it appears from remarks by speakers, politicians and stakeholders at RESCON’s recent housing summit that all levels..
Year: 2024
Toronto’s Renoviction Bylaw: Key Updates for Landlord Compliance
Toronto City Council discussed a new Renoviction Bylaw at its October 30 meeting, responding to concerns over tenant displacement due to renovations. The bylaw is set to..
Calgary’s Office Conversion Initiative: Paving the Way for Downtown Revitalization with Incentive Programs
The City of Calgary is actively working with key downtown partners to transform its urban landscape by converting vacant office space into much-needed homes, educational facilities, hotels,..
Change Management Best Practices: Lessons for Real Estate Investors
Handling change is a crucial skill in any business. Real estate investors can benefit from many change management best practices, to cope in an industry characterized by..
Canada Announces Major Shift in Immigration Targets, Reducing Growth and Limiting Temporary Residents: What Will the Impacts on the Real Estate Market Be?
On October 24, 2024, the federal government announced the government’s new 2025–2027 Immigration Levels Plan, a significant shift in Canada’s approach to immigration. It set new, reduced..
Canada International Property Show Set to Showcase Global Real Estate Opportunities
The Canada International Property Show (CIPS) is North America’s largest international real estate expo, bringing together property developers, buyers, investors, and financial experts. This annual event provides..
Ōku: New Sustainable Luxury Development in Vancouver’s Prestigious West Side
Vancouver’s West Side is known for its luxurious and well-planned developments, and Ōku is a new project in this popular area that is redefining urban living with..
Toronto Rental Market Report – October 2024
The Toronto Regional Real Estate Board (TRREB) has released its rental market statistics for the second quarter of 2024, highlighting significant trends in the condominium apartment rental..
Canadian Condominium Construction Challenges
Canada’s condominium and apartment construction market is facing various challenges in 2024, as rising costs, slower demand, and financing difficulties put pressure on developers. While rental construction..
Bank of Canada Cuts Interest Rates to 3.75%: Reduction of 50 Basis Points
On October 23, 2024, the Bank of Canada cut its key interest rate by 50 basis points, as many experts were predicting, lowering the overnight rate to..