REMI

Financial Management

Postponed reassessment delays Ontario's next property tax cycle

Ontario to delay next property tax cycle

The move was announced in response to the COVID-19 outbreak, but additionally opens a window to adjust the mechanics of the assessment process itself.
BC rent bank

Help for landlords facing revenue loss

Apartment owners aren’t just fearing heightened exposure to COVID-19, but the potential onslaught of rent defaults by tenants unable to pay.
economic recession

Rental market outlook: March 2020

A look at what's influencing Canada's rental market in March 2020 and how the COVID-19 pandemic will impact property managers in the near and long term.
Hotel sales value value and room prices up in Q1

Property funds possess stabilizing mechanisms

REALPAC’s recent survey of 15 Canadian open-end real estate funds offers insight into when and why fund administrators would suspend the ability for investors to redeem their holdings.
GTA rental market Aug 2019

Elevated immigration fuels GTA rental market

A strong GTA rental market fuelled by favourable demographics lifted transaction velocity 8 per cent over the four quar­ters ending at mid-year 2019, according to a new report from Marcus & Milichap.
Ontario to further bolster LTB staffing

Backlog plagues Quebec rental housing regulator

Quebec's largest rental housing association maintains fewer cases would go to la Régie du logement if landlords were entitled to ask for security deposits.
home prices

Rent sticker shock awaits Canadians in the U.S.

Asking rents in the five largest American cities of New York, Los Angeles, Chicago, Houston and Phoenix appear moderately to dramatically steeper than Canadian tenants typically pay.
COVID-19 fallout

Some drag in buoyant 2018 investment returns

A surging industrial sector helped to counterbalance slipping retail values and push up 2018 investment returns on Canadian commercial real estate.
OREA

Renovating your apartment: Is it worth it?

Renovations or retrofits to an investment property that increase rents and/or decrease operating costs may also increase a property’s value. Cost and value, however, are not synonymous, and not all renovations are as profitable as one might expect.
housing retrofit teams

Affordable rental housing on national agenda

As 2019 begins, Canadians continue to face a well-chronicled slate of challenges when it comes to finding affordable rental housing. Here, housing experts share their insights...and even a few solutions.

Few favours for commercial ratepayers in 2018

Tax ratios for 11 of Canada's largest cities demonstrate that commercial ratepayers consistently carry a disproportionate share of the municipal property tax burden.

Services and amenities for aging Canadians

Planning to build a retirement home? CMHC recommends developers consider the following key factors before investing in on-site services and amenities.

Balancing the risks to commercial real estate

Senior ranking valuation specialists agreed that new uncertainties around fraying trade agreements, political instability and climate volatility have broadened the scope of their worries well beyond rising interest rates.

Investment property imperils preferred tax rate

The new rules capture the demographic of investors who own small low-rise residential or mixed-use commercial-residential buildings as a sideline to their main business ventures.

Apartment market trends and transactions

According to a recent market report from Avison Young, Canada's commercial real estate sector continues to possess varying, but largely healthy, property market fundamentals across the country's regions and asset classes.

Rental supply shortages fuel demand

According to CMHC's 2017 Rental Market Survey, the average vacancy rate for purpose-built rental apartment units across Canada decreased from 3.7 per cent in October 2016 to 3.0 per cent in October 2017.

Q3 2017 apartment market highlights

Overall, the Canadian real estate industry continues to be performing well with the apartment sector holding strong, according to the 2018 Emerging Trends in Real Estate report, published by PwC Canada and the Urban Land Institute