Canadian Real Estate

Canadian Commerial Real Estate Snapshot  Canadian Commerial Real Estate Snapshot  - Fourth Quarter 2023 via CREA   Key Points:   "Non residential building permits were down 3% from the same three-month period a year ago, and down more than 13% from the three months prior, with sharp reductions in British Columbia, Ontario, New Brunswick, and Newfoundland and Labrador.   Tighter financial conditions and a weakening economy could further dampen non-residential construction intentions in 2024.   As material and labour costs rise and continue to increase, the financial feasibility of new projects could be negatively impacted leading to a further reduction in the number of permits issued.   The labour market is...

Summary of Emerging Real Estate Trends 2024 and Beyond   Summary of emerging real estate trends 2024 and beyond covers the comprehensive report created by PWC and the Urban Land Institute for 2024. Their detailed report is a roadmap of both sentiment and performance across the varying types of real estate. It includes the current data and projections for commercial, residential and industrial real estate, breaking them down by performance, outlook, and location within both Canada and the United States. Since the report is quite extensive, consisting of more than 100 pages, I'll be attempting to sum things up. All charts posted are...

Image® Bonnie Meisels all rights reserved Average home price to end the year 4.8% lower than 2022, will rise 4.7% in 2024 According to CREA, the Canadian Real Estate Association, the average home price to end the year lower by 4.8% but to rise again in 2024.   “As the spring market heats up and it looks as though some buyers are coming off the sidelines, it's important to remember that the intense market conditions of recent years have not gone anywhere, they've just been on pause,” said Jill Oudil, CREA's chair, in a press release."   Canadians are re-entering a market that's seen months of...

Montreal's Crown Jewel: A Comprehensive Guide to the Golden Square Mile   Montreal's crown jewel: A comprehensive guide to the Golden Square Mile hgihlights the history, the sights to see, some of the top rated restaurants, real estate, and above all, what makes this Montreal neighborhood so unique and special.   Introduction   The Golden Square Mile is situated at the base of Mount Royal in the heart of downtown Montreal. It is a historic and vibrant neighborhood teeming with grand architecture, elegant streets, lush green spaces, and a rich history. Known for its luxurious mansions, world-class shopping, and gourmet restaurants, the Golden Square Mile is...

Best Places to Invest in Canadian Real Estate Introduction Real estate is a great way to grow your money and invest in the future. In Canada, you have many options for investing in real estate, but only some are the best places for long-term growth. This article will focus on the best cities to invest in real estate in Canada so that you can start planning your next big investment. Montreal is the Best Canadian City to Invest in Real Estate Montreal is a great city to live in. It's affordable, has a vibrant culture, and it's booming with new businesses. The food scene...