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Real Estate

Calgary’s low equity, high cash flow attracts landlord investors

Calgary’s low equity, high cash flow attracts landlord investors

Multi-family market conditions ‘not seen since Alberta’s last economic boom,’ says CMHC analyst.
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Alberta brewery acquires Diamond Valley acres for five-fold expansion

Alberta brewery acquires Diamond Valley acres for five-fold expansion

Approved multimillion-dollar destination brewery expected to increase jobs, capacity for its German-styled beers
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Don’t look now but Vancouver’s home sales are heading back up

Don’t look now but Vancouver’s home sales are heading back up

After posting dismal numbers in January, early February data suggests sales are gaining strength and active listings are increasing
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B.C.’s new 'one-stop-shop' for housing aims to slash permitting times

B.C.’s new 'one-stop-shop' for housing aims to slash permitting times

The Permitting Strategy for Housing eliminates the need for multiple permit approvals across provincial ministries.
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B.C.’s younger communities under increasing pressure from rate hikes, data reveals

B.C.’s younger communities under increasing pressure from rate hikes, data reveals

B.C.’s younger communities under increasing pressure from rate hikes, data reveals
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Average rent in Canada up 10.7% since last year: report

Average rent in Canada up 10.7% since last year: report

TORONTO — A new report says the average listed rent for all property types in Canada jumped by 10.7 per cent year-over-year in January, the ninth straight month of double-digit increases. The report from Rentals.
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Experts react to January home sales, which dropped 37.1 per cent

Experts react to January home sales, which dropped 37.1 per cent

Canadian home sales were down 37.1 per cent in January compared with a year earlier, according to new figures from The Canadian Real Estate Association (CREA). It was the worst January for home sales since 2009.
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CREA reports worst January for home sales since 2009 as sales fall

CREA reports worst January for home sales since 2009 as sales fall

OTTAWA — The Canadian Real Estate Association says homes sales in January were the lowest for the month since 2009 and fell 37.1 per cent compared with a year ago.
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CMHC says annual rate of housing starts slowed 13 per cent in January

CMHC says annual rate of housing starts slowed 13 per cent in January

OTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing starts fell 13 per cent in January.
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Developers with partial foreign ownership blocked from building housing supply in Canada

Developers with partial foreign ownership blocked from building housing supply in Canada

The Canadian Home Builder Association says it hopes this is an "unintended consequence" of Ottawa's foreign buyer ban regulations
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