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*** Rental Housing Business *** ***Newsreel for Thursday, November 14, 2019 *** *** Rental Housing Business *** *** Newsreel for Thursday, November 14, 2019 *** *** Rental Housing Business *** *** Newsreel for Thursday, November 14, 2019 ***

Rental demand to boost further apartment constr...

Ever-increasing prices in Canada’s hottest residential markets will trigger accelerated demand for rental space – in turn driving near-future growth in apartment construction, according to the Canada Mortgage and Housing Corporation.
In its Fall 2018 Housing Market Outlook, the Crown corporation stated that …

NYC Luxury Developer...

A developer of some of Manhattan’s costliest and tallest condo towers is shifting to the opposite end of the housing spectrum — building affordable, communal rentals.
Until last month, Simon Koster was a principal at JDS Development Group, the firm constructing …

Property tax cap fav...

It started with the best intentions: Keep taxes on coastal properties, owned by the same families for generations, affordable.
The problem was soaring assessments. In the early 2000s, buyers were scooping up seaside vacation properties in Nova Scotia, sending market values …

Renting the good lif...

According to a 2017 report from RentCafe, an apartment search website, high-income tenants are the fastest-growing segment of the rental market.
At 101 St. Clair, a midtown property from Camrost Felcorp, there’s a 24/7 concierge as well as a “day porter” …

Jobs miss keeps door...

Canada’s labour market slipped after two straight months of strength, sending the currency lower and providing the Bank of Canada with more ammunition if it decides to cut interest rates at its next meeting.
The country lost 1,800 jobs in October, …

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From the pages of our September/October issue...


Quote Worthy

The different parties see the world differently, and have different philosophies about government and who they most want to serve. Therefore, what CFAA seeks from each party is different. ~ John Dickie, President, Canadian Federation of Apartment Associations

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