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Real Estate
Metro Vancouver homes sales fall 44 per cent in May, but prices are high as ever
VANCOUVER – Home sales in the Greater Vancouver area continued their steep year-over-year drop last month amid confinement measures and physical distancing requirements related to the COVID-19 pandemic.The Real Estate Board of…
Beyond a Bathrobe and Bunny Slippers – Survival Skills for Working from Home
Working from home by choice or by mandate presents a unique set of opportunities and challenges. If you’re new to telecommuting, you might find that without some discipline, you’re waking up well beyond normal work hours and adopting…
National Coalition of Commercial Property Owners calls for Support to Small Businesses
A new coalition of commercial property owners is calling on provincial governments to provide direct supports to struggling small businesses instead of "blanket non-eviction measures that punish landlords participating in the Canada…
GTA home market sees new record low since 2000
The GTA new home market saw record low new home sales numbers in April, according to the Building Industry and Land Development Association (BILD).
It was the lowest April for total new home sales, as well as single-family and condominium…
CMHC sees declines in home prices, sales, starts that will linger to end of 2022
Canada's housing sector will see a retreat in prices, sales and building in the months ahead and likely won't see a return to pre-pandemic levels until at least the end of 2022, said Canada Mortgage and Housing Corp. in an outlook released…
Condos are negatively impacted by rent declines caused by the pandemic: report
From 2019 to the first four months of this year, condominium apartment rental rates declined at many projects in the GTA, according to TorontoRentals.com and Bullpen Research & Consulting’s deep dive into the Toronto GTA May Rent…
As malls re-open across the country, worries grow that consumers won’t come back
Malls across the country are beginning to open their doors after weeks of government-mandated shutdowns, but both operators and retail tenants are stepping into uncharted territory amid the COVID-19 pandemic.In the near-term, operators…
A return from COVID-19 will mean new technology and practices
A friend just sent us photos of her eating at a dine-in restaurant in Vancouver. The server was wearing a mask and the tables were noticeably distant from one another, but it was dining-in at a white table cloth restaurant! This COVID-19…
GTA Commercial Real Estate Market Remained Steady Throughout the First Quarter: Report
Altus Group's latest Q1 2020 results for commercial real estate (CRE) investment in the Greater Toronto Area (GTA) reveals that the commercial real estate market remained steady throughout the first quarter amidst fears of a global…
COVID-19 affecting rental market as rents decline in most major Canadian cities: report
According to the monthly National Rent Report from Rentals.ca and Bullpen Research & Consulting, average monthly rents were down in April over March in Toronto, Vancouver, Calgary and Ottawa.Although average rents in Canada were…