We have assembled a collection of thought provoking articles, reports, surveys, industry information, and other interesting content for your enjoyment.
by Yvonne von Jena | January 29, 2016
MoneySense magazine was trying to determine what makes the most money sense: to live in a smaller urban property or a larger suburban property. To help MoneySense answer this question, it teamed up with real estate analysts Brookfield RPS. Some of our suspicions were confirmed, but there were surprises too.
by Yvonne von Jena | January 26, 2016
The Building Envelope Technology Access Centre (BETAC) at Red River College is doing some interesting applied research and testing commercial building envelopes, as well as helping set standards for building envelope design and construction.
by Yvonne von Jena | January 25, 2016
Moodyâ€™s Investor Services eyes sweeping downgrade of many Canadian oil and mining companies, and trims its 2016 forecasts for West Texas Intermediate and Brent crude, to just $33 (U.S.) a barrel. This is a cut of $7 for WTI and $10 for Brent crude. Further, Moody's said that it sees both rising by an average $5 next year and in 2018.
by Yvonne von Jena | January 21, 2016
The Bank of Canada Governor Stephen Poloz provides important insights into the deliberations of the Bank's Governing Council in determining its monetary policy and maintaining its benchmark interest rate at 0.5%.
by Yvonne von Jena | January 20, 2016
Inman, a leading source of industry information for real estate agents, brokers and other professionals, recently released its 2016 Industry Outlook Report. In it are some technology predictions by Inman readers, which provide insights into where the possible growth and innovation may come from in this industry.
by Yvonne von Jena | January 15, 2016
In recent weeks, mortgage rates have increased at many of the big banks. There are a host of reasons why they have been ticking higher, although these all seem to come back to higher capital costs for the banks.
by Yvonne von Jena | January 13, 2016
Mark Zelmer, Deputy Superintendent of the Office of the Superintendent of Financial Institutions (OSFI) provided interesting insights into bank capital requirements in a presentation today. He said that â€œcapital requirements will be linked in a surgical fashion to household indebtedness and housing prices. OSFI plans to introduce a floor for the measures of their Loss-Given-Default parameters in major bank regulatory capital calculations, and this floor will vary over time depending on the behaviour of housing prices over time, relative to household income, and the region.
by Yvonne von Jena | January 13, 2016
Royal LePage announced its expectations for the Canadian housing market in 2016. Overall, it expects continued price increases in most markets, but not at the pace that has been the recent norm. Instead, the national real estate market is expected to slow later this year, principally due to the effects of a dampened economy in Western Canada and eroding affordability in Toronto and Vancouver.
by Yvonne von Jena | January 12, 2016
Canadian new home construction ended 2015 with a whimper with overall Canadian housing starts falling by 18% month-over-month in December 2015 and reaching 172,965 units. On a 6-month moving average basis however, the trend in housing starts still stands at an elevated level of 203,502 units, with activity in 2015 fairly strong overall.
by Yvonne von Jena | January 9, 2016
The previous Harper government had eliminated the twice-a-decade mandatory census in favour of a voluntary national household survey, which many economists and statisticians believed provided lower-quality data that was not comparable with the higher-quality data from earlier censuses. The new Trudeau government undid that change in November and has remained true to its word; it is currently hiring 1,400 to work in its census operations centers set to start in the next couple of months.