RHB TV: Interview with Benjamin Tal
Don’t miss our exclusive interview with Benjamin Tal as we discuss the current state and future trends of the rental housing market. WATCH NOW!
read moreNew Chief at Omers Sees Canada Pensions as ‘Envy of the World’
The new head of Ontario Municipal Employment Retirement System is feeling pretty confident about the pension fund’s ability to find pockets of value this year. “The Canadian pension plans are the envy of the world in so many ways,” Blake Hutcheson said in an interview with BNN Bloomberg. “It’s been made okay to own platforms and buy and scale companies giving us tremendous competitive advantage. It’s been made okay to put teams together and pay them properly to compete with the best of the...
read moreMonthly rent across Canada expected to rise — especially in these 3 cities: report
Low vacancy numbers, unaffordable housing and high interest rates may cause rental prices across Canada to increase in 2019, according to a new report. On Thursday, Rentals.ca released its 2019 rental market predictions, saying that finding an apartment, house or townhouse to call home will continue to challenge renters this year, mainly in Canada’s larger cities. The average rental rates could increase by six per cent year over year on a national basis in 2019, the report said. In Toronto,...
read moreOntario Ombudsman Launches Investigation into Landlord and Tenant Board
Ontario’s ombudsman is launching an investigation into delays at the Landlord and Tenant Board. Paul Dube says case backlogs at the board are getting worse and complaints to the ombudsman’s office about long waits for hearings and decisions are increasing. He says the office received more than 200 complaints about the board in the last fiscal year, and 80 were specifically about delays. Dube says those delays “have a very real human impact,” such as a landlord having to go without needed...
read moreRHB TV EPISODE 5 IS NOW LIVE!
Watch our exclusive interview with Benjamin Tal where we sit down to discuss the current state and future trends of the rental housing market. Ben Myers brings us the latest rental market conditions in Vancouver and Toronto- including results from StatsCan’s “Canadian Household Survey”. Later, we’ll go on location with Jason Cosentino, as he tours G.W.L Realty Advisor’s latest, purpose-built development. We’ll also be bringing you exclusive coverage from the 2019 FRPO MAC...
read moreDevelopers answer the call for housing outside downtown core
Housing affordability is a significant conversation that is taking place across the country, especially in high-density, urban cities. Even as the risk profile for Toronto and Vancouver housing markets have come down to “moderate” levels, the fact remains that the demand hasn’t gone away, and that means that prices are remaining out of reach for many people. British Columbia in particular, is seeing more people choose to live outside of the Vancouver core or being compelled to live in...
read moreRegulations and Statutes in Force as of January 1, 2020
The following legislation and regulation changes come into effect on January 1, 2020. They are listed by responsible ministry: Ministry of Municipal Affairs and Housing Amendments to the More Homes, More Choice Act will: Help increase housing supply by freezing municipal development charge rates at the time a site plan application or zoning amendment application is submitted to a municipality. The rate freeze continues for two years after an application is approved by a municipality....
read moreTop Tech Trends for 2020
Five technology advancements that are likely to hit the apartment industry in a big way in the year ahead. There’s little doubt that 2019 was the year for PropTech. We saw record levels of investment in not only real estate tech writ large but also multifamily-specific tech. These new technology companies and platforms are challenging our traditional ways of operating our communities and serving our residents, giving us new tools for marketing, leasing, connectivity, security, business...
read moreWage of $27.40 an hour needed to afford two-bedroom apartment in Brampton: Report
A recent report by the Canadian Centre for Policy Alternatives (CCPA) showed a new resident would need to earn at least $27.40 per hour to afford rent for an average two-bedroom apartment in Brampton. The report, titled “Unaccommodating: Housing rental wage in Canada,” looked at the hourly wage needed to afford a two-bedroom unit in 795 neighbourhoods across the country. The CCPA also broke down how many hours per week a minimum wage earner would have to work in each area to make rent...
read moreCMHC head sounds the alarm on housing policies that push up prices
Kevin Carmichael: If all the election campaign promises were kept house prices would jump $16,000 on average, $40,000 in Toronto and $80,000 in Vancouver. On Sept. 12, the first full day of the election campaign, Evan Siddall, president and chief executive of Canada Mortgage and Housing Corp., downed his sword. “For anyone calling for my reactions, it is inappropriate for me to offer comments on policy during an election campaign,” Siddall tweeted on the day the Liberals offered their...
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