The housing market is doing precisely what policy makers in Ottawa set out to achieve, cooling down without flaming out. The number of homes that changed hands over the Multiple Listing Service in April was just 3 per cent lower than a year ago on an ...
CALGARY — Calgary and Edmonton topped Canada in the first quarter of this year for the best total returns in the commercial real estate market, according to the latest REALpac/IPD Canada Annual Property Index. The index said the total annual return in ...
On the surface, it seems out of kilter: a U.S.-headquartered real estate manager raising capital from Canadian pension funds and using the proceeds to invest in Canadian real estate assets. But that's the state of play at the Canadian arm of LaSalle ...
“We've seen the Canadian economy strengthen following the economic downturn, with solid real estate fundamentals limiting downside exposure,” says Zelick Altman, managing director with LaSalle Investment Management Canada. “Canada's real estate ...
Sales of existing homes climbed 0.6% in April from March, which trimmed the year-over-year decline to 3.1%, the Canadian Real Estate Association said on Wednesday. Porter points out that recent surprises in home sale data have consistently been on the ...
REITs, which receive preferential tax treatment from the government, are companies that invest in income-producing real estate and pay out most of their income to investors through unit distributions. They have raised $760 million from six Canadian ...
TORONTO — It's looking like an unsettling spring in Canadian housing, a market that has proven far more even-keeled and less scary for investors in recent years than in the United States. In what is traditionally the best season of the year for real ...
Canadian retailers have been putting a new product on their shelves – their land – and we should thank them for it. Canadian Tire Corp. is the latest company to announce that it is spinning off its property holdings, with the creation of a $3.5-billion ...
Statistics Canada says half of our wealth is now tied up in property. Clearly, many of us have well exceeded the 30% to 50% range financial advisors often suggest as the appropriate portion of assets to be held in bricks and mortar. No one is saying ...
"Despite financial and economic uncertainty, or perhaps because of it, we have found that the enduring value of recreational properties is widely-recognized by Canadians," said Phil Soper, president and chief executive of Royal LePage Real Estate Services.