Published by REP Publication by Steve Randall on Mar 22th 2018

Vancouver has taken the prime position in North America in a global ranking of quality of living. The Austrian city of Vienna tops the league table from Mercer, followed by Zurich (2), and Auckland and Munich in joint 3rd place. Vancouver takes 5th place. While San Francisco is the best placed in the US (30),…

Published by REP Publication by Steve Randall on Jan 9th 2018

Home sales in the Montreal CMA jumped 10% in December compared to a year earlier with 2,781 units sold through the Centris database. It was a busy end to the year for members of the Greater Montreal Real Estate Board who saw the most active December since 2009 with four of the six main areas…

Published by Real Estate Professional Study by Ephraim Vecina on Feb 9th 2018

Nearly 10% of mortgages issued in Vancouver and Toronto in 2016 went to non-permanent foreign residents aged under 25 years old, according to the Canada Mortgage and Housing Agency (CMHC). The federal housing agency noted that this upward trend has been consistent over a two-year period, which could mean that “younger NPR (non-permanent residents) may…

Published by CRE Publication by Steve Randall on Jan 29th 2018

As one of the cities still in the running to be home to Amazon’s HQ2, Toronto has made a top 30 ranking of global cities for commercial real estate investment. The listing from investment manager Schroders is headed by Los Angeles and includes Hong Kong, London, New York and Shanghai in its top 5. Toronto…

Published by REP Publication by Canadian Press on Feb 28th 2018

The Canadian commercial real estate market set another record for investments in 2017 and was one of only four countries in the world to do so, according to a new report from CBRE Ltd The report said there were more than $43.1 billion in investments last year, surpassing $34.7 billion in 2016, and CBRE predicts…

Published by Real Estate Professional by Steve Randall on Jan 16th 2018

Investors continue to see Canada as a good risk for real estate investment. A survey of members of the Association of Foreign Real Estate Investors holds Canada steady in third place for 2017, the same as a year earlier. The US tops the list with Germany second; the UK and Australia complete the top 5….

Published by The Globe And Mail by Natalie Wong on December 26th 2017

The Sheraton Centre in downtown Toronto was sold in October to a unit of Brookfield Asset Management Inc. for $335-million in one of the biggest deals for Canadian commercial property this year. Canadian commercial property investment is on track to break last year’s record, according to CBRE Group Inc., driven by demand for a haven…

Published by The Globe and Mail by Edward Trapunski on March 11th 2013

The U.S. stock market, as measured by the Dow Jones industrial average, is back. The American market was counted down and out after its housing market tumbled, its financial system imploded, the European Union blow-up and the divided U.S. Congress threw a fiscal hissy-fit. Despite these hurdles, the American stock market bounced back stronger than…

Published by Real Estate Professional by Ephraim Vecina on July 10th 2017

A recent analysis by Chinese international property portal Juwai.com—which draws over 2 million visitors a year—found that mainland investors have spent over US$100 billion on overseas property investments last year alone. And attesting to the sustained desirability of the segment, Chinese investment in Canadian real estate grew by more than 25 per cent year-over-year in…

Published by Real Estate Professional by Steve Randall on May 19th 2017

While rising home prices are a concern for many in Toronto, there’s another real estate boom on the horizon. Commercial rents are set to rise sharply due to rising demand, an influx of highly-skilled workers and a shortage of new buildings. Toronto will lead the surge for commercial real estate but Vancouver, Montreal and Calgary…