Canadian Bubble

Record Decline in Home Sales and Listings in April: CREA

Home sales across Canada plunged 57% year-over-year in April to their lowest level since 1984, while the average house price fell back below $500,000, according to the Canadian Real Estate Association (CREA). When compared to March figures⁠—which were already weakened as the impacts of the COVID ...

Edmonton, Vancouver RE forums postponed due to COVID-19

Informa Canada has rescheduled the Vancouver Real Estate Forum to Sept. 30 due to precautions surrounding the COVID-19 virus outbreak. UPDATED: Informa Canada has announced it has postponed three of its major real estate conferences, in Vancouver and Edmonton, due to precautions being taken to pr ...

$210B worth of insight: Major investors talk CRE strategy

Panelists during the wrapup discussion at RealCapital 2020 in Toronto; from left: moderator Lesley Gibson of CT REIT, Don Clow of Crombie REIT, Kevin Leon of Crestpoint, Qahir Madhany of Blackstone, Chris Niehaus of BentallGreenOak, moderator Jamie Ziegel of TD Securities. (Steve McLean RENX) The ...

Institutional investors urged not to overlook Canadian real estate opportunities

While Canadian pension plans are looking further afield for real estate opportunities, are there fresh buys on the home front? Rental apartments are one subset of ... ...

CPP Investments’ Mark Machin: Stay calm amid economic storm

Mark Machin is president and CEO of CPP Investments. (Courtesy CPP Investments) On a day when oil prices, energy stocks and broader global financial markets crashed, the president and CEO of CPP Investments offered two messages of comfort to a business audience at the Calgary Chamber of Commerce. ...

COVID-19 having minimal impact on real estate market – so far

Illustration of a coronavirus, created for the Centers for Disease Control in the U.S. A novel coronavirus is being blamed for the COVID-19 outbreak. (Courtesy Alissa Eckert, MS; Dan Higgins, MAMS / CDC) COVID-19 (novel coronavirus) hasn’t yet put a major dent in the Canadian commercial real es ...

Vancouver RE Forum postponed to Sept. 30 due to COVID-19

Informa Canada is taking measures to keep real estate executives updated on COVID-19 and its potential impacts on Canadian real estate conferences and forums. Informa Canada has announced it has postponed two major real estate conferences in Vancouver due to precautions being taken to prevent the ...

People Space: New Colliers CEO, execs at Boardwalk, REW.ca …

Brian Rosen will be Colliers’ new president and chief executive officer, Canada. (Courtesy Colliers) Colliers International (CIGI-T) has announced Brian Rosen will be promoted from Canadian chief operating officer to succeed David Bowden as president and chief executive officer, Canada. The mov ...

Informa postpones Vancouver RE forums due to COVID-19

Informa Canada is taking measures to keep real estate executives updated on COVID-19 and its potential impacts on Canadian real estate conferences and forums. Informa Canada announced late Friday it will postpone two major real estate conferences in Vancouver due to precautions being taken to pre ...

CRE optimism remains, despite uncertain times: RealCapital panel

Panelists discussing real estate investing in uncertain economic times at the RealCapital Conference in Toronto, from left: William Secnik of Fiera Real Estate Investments; Jaime McKenna of Fengate Asset Management; Randy Hoffman of Oxford Properties Group; Ugo Bizzarri of Timbercreek; and moderat ...