March home prices slid from February, but still up from last year: TRREB
Average GTA Home Price Hovers At $1.3M – TRREB Forecasts Pace of Price Growth to Slow This Year
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Despite COVID 19, census shows population grew at fastest rate in G7, topping 36.9M
OTTAWA – Canada's population grew at a faster rate than many of its peers, rising to over 36.99 million on census day last year despite a historic slowdown caused by COVID-19.Statistics Canada said the national population grew by 5.2…
Rural population growth concentrated near urban centres, StatCan says
Kelly Rae, the administrator of Arran, Sask., says the denizens of dwindling rural communities like her own are clinging to a vanishing way of life in Canada.Between 2011 and 2021, the village west of the Manitoba border saw its…
Downtown populations climbed faster, though pandemic hampered rate of growth: census
TORONTO – When Mark Garner looks around downtown Toronto all he sees is growth.At Yonge and Gerrard streets, the executive director of the Downtown Yonge Business Improvement Area watches the lobby of the 80-storey Aura condos – the…
Calgary’s office vacancy rate ticks down for first time since start of COVID pandemic
Calgary's downtown office vacancy rate has declined for the first time since the start of the COVID-19 pandemic.Commercial real estate firm Avison Young says the city's downtown office vacancy rate ticked down in the fourth quarter…
Canadian office vacancy rate highest since ’94, sublet space declining
CBRE says Canada’s national office vacancy rate rose to 15.7% in the third quarter of 2021, surpassing levels reached during the dot-com bubble and global financial crisis. But the outlook is improving, and although the fourth wave has…
Will gyms go the way of arcades and movie rental stores?
TOLEDO, Ohio (AP) – Going to the gym was always part of Kari Hamra's routine until last year's government-ordered shutdowns forced her to replace the workouts with daily rides on her Peloton stationary bike.That's when she discovered…
RioCan REIT reports $145.3M net income in Q2 as tenants reopen after lockdowns
TORONTO – RioCan Real Estate Investment Trust says its net income reached $145.3 million in its latest quarter as all of its tenants were able to reopen from COVID-19 lockdowns.The Toronto-based trust says its second-quarter net income…
GTA Sees Rental Market Recovery Takes Hold in Q2
In its recently released Q2-2021 rental market results, Urbanation Inc. reports that the GTA rental market recovery began in earnest during the second quarter, with a surge in leases, reduced vacancy, and an increase in rents as lockdown…