REMI

inflation

rent growth

Canadian Apartment Magazine

A record year for rent growth in Canada

Rent growth in Canada reached a record high in 2023 according to the latest multifamily report from Yardi.
mortgage

REMI Network

Mortgage experts predict declining rates

After a year of rate hikes, mortgage experts are predicting gradual cuts starting in mid-2024.
commodity

Construction Business

Flattening commodity prices expected in 2023

According to global construction consultancy firm, Linesight. commodity prices are expected to flatten in 2023.
homebuyers

REMI Network

Report digs into homebuyer sentiment for 2023

The survey underscores that most Canadians strongly believe governments should prioritize the affordability and supply crisis.
LRT

Canadian Apartment Magazine

Affordability payments now available in Alberta

Effective January 18, 2023, eligible Albertans can apply to receive $600 in affordability payments to help offset the high cost of living.
economy

Construction Business

B.C.’s economy expected to remain steady in 2023

B.C.'s economy is expected to remain steady after slower economic growth through 2023 due to global inflation and higher interest rates.
average asking rents

Canadian Apartment Magazine

Annual rent increase more than doubles average wage increase

Annual average rent in Canada rose 11.8 % in October, which is more than double the average hourly wage increase of 5.6 %.
Push to curb inflation has CRE ramifications

Canadian Property Management

Push to curb inflation has CRE ramifications

Transaction volume had been surpassing pre-pandemic levels until the steepest and most rapid rise in interest rates thus far this century undermined that momentum.
new condos

REMI Network

GTA new condo sales for September down 89%

New condo sales in the Greater Toronto Area were down 89 per cent from September 2021 and 84 per cent below the 10-year average.
condo

CondoBusiness

Construction costs rattle the condo industry

Construction cost increases are a significant concern if a condo needs to complete work in the next year or so. But the concern isn't just the here and now.

Facility Cleaning & Maintenance

Recession or inflation worries? Tips on navigating strained economic times

An economic recession affects everybody, from small businesses to large enterprises and every consumer connected. Stalling economic growth and the threat of compounding financial challenges
workers

Canadian Facility Management & Design

Workers stress over cost of returning to the office

As food and gas prices remain high, nearly half of Canadian employees worry about the added costs of returning to the office full-time, above other issues.
inflation

REMI Network

Inflation causing Canadians to falter on housing payments

The rising cost of living is causing more than 1.3 million Canadians to fall behind on housing payments.
home prices

CondoBusiness

Canada’s home prices show steady growth in H1

The sixth annual Price Per Square Foot survey released today by CENTURY 21 Canada found that more condo owners flocked to homes outside of the Greater Toronto Area and Vancouver.
homes prices

REMI Network

More interest rate hikes to follow in 2022, economists predict

Economists forecast a 15 per cent to 20 per cent drop in housing prices by the end of the year, with most believing new housing supply won’t bring prices down more than higher rate increases.
OREA

Canadian Apartment Magazine

MNP Consumer Debt Index reveals more Canadians in financial stress

According to the latest MNP Consumer Debt Index, rising interest rates and soaring cost of living is putting more Canadians in financial stress.
inflation

REMI Network

Inflation and wage increases are twin problems for companies

Inflation, in combination with tight labour markets, is compounding the rising wages in the frontline service workforce.