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INFOGRAPHIC: EVERYTHING YOU NEED TO KNOW ABOUT THE CANADIAN RENTAL MARKET

Posted in CMHC, Development, Housing, Industry Trends, Newsworthy, Rent Control

INFOGRAPHIC: EVERYTHING YOU NEED TO KNOW ABOUT THE CANADIAN RENTAL MARKET

Whether you’re curious as to what the rental landscape looks like coast-to-coast or you’d like to  compare how your portfolio is performing in another part of the country, this handy new infographic from BuzzBuzzHome will answer some of the questions you might have about the Canadian rental market. Check out the cross-Canada comparisons of everything from vacancy rates to deposit rules. Prices and vacancy rate stats apply to purpose-built apartments only. Play around with the fully...

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Cities with the largest rent hikes and Canada’s lowest vacancy rates

Posted in CMHC, Housing, Industry Trends, Newsworthy

Cities with the largest rent hikes and Canada’s lowest vacancy rates

Prairies On Fire As Toronto Lags Some of Canada’s major metro areas have seen soaring rental prices over the past decade, but which cities those are could surprise you. Canada’s largest and most expensive rental markets saw some of the weakest rental rate growth over the past decade, while the biggest jumps took place on the booming prairies and even in Atlantic Canada, says BuzzBuzzHome in an analysis of data from the Canada Mortgage and Housing Corp. Regina saw the largest rental price hikes...

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Trying to maximize apartment leverage? Get out of the city

Posted in CMHC, Finance

Trying to maximize apartment leverage? Get out of the city

I was recently presenting to a room full of real estate agents in Montreal. The topic was lending values in different asset classes within their market. The brokers seemed to agree with the majority of what I was saying until we broached the subject of apartments and lending cap rates. The first person to comment on our numbers summarized it nicely by saying “we haven’t seen a property trade at that high a cap rate since the Diefenbaker era”. While I didn’t fact-check this assertion, the point...

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Ottawa names former investment banker as new CMHC chief executive

Posted in Appointments, CMHC, Finance, Housing, Media Releases

Ottawa names former investment banker as new CMHC chief executive

The government has appointed Evan Siddall the new chief executive of Canada Mortgage and Housing Corp. Mr. Siddall, a former investment banker and special adviser to the governor of the Bank of Canada, will serve a five-year term starting Jan. 1. “His proven financial and capital markets expertise will be of tremendous value to CMHC,” Jason Kenney, minister of employment and social development, who is responsible for the Crown corporation, stated in a press release. Mr. Siddall was born in...

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Government of Canada helps

Posted in Association News, CMHC, Development, Housing

Government of Canada helps

FOR IMMEDIATE RELEASE Government of Canada helps lower the cost of housing Conservative Housing and Construction Caucus applauds new initiative to help lower the cost of housing Ottawa – November 21, 2013 — The Conservative Housing and Construction Caucus (CHCC) is applauding an announcement made today the Honourable Candice Bergen, Minister of State for Social Development, about new changes that will help support a number of existing social housing projects when their operating...

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Government of Canada continues to help lower the cost of housing

Posted in Association News, CMHC, Housing, Rent Control

Government of Canada continues to help lower the cost of housing

Government of Canada continues to help lower the cost of housing VANCOUVER – November 21, 2013 — Today, the Honourable Candice Bergen, Minister of State for Social Development announced changes that will help support a number of existing social housing projects when their operating agreements mature. “Our Government is focused on helping vulnerable Canadians lift themselves out of poverty and lead successful lives,” said Minister Bergen. “Since 2006, in working with our partners, we’ve...

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