HOW BREXIT COULD ADD MORE FUEL TO CANADA'S HOTTEST HOUSING MARKETS Canada's economy is facing yet another potential setback as the spillover effects of Brexit threaten to weigh on growth here at home. Direct trade with the UK is a relatively modest figure for Canada. BMO Capital Markets puts it at about 2.5% of our global trade. But the shockwaves go further than just the direct trade channel.  The crash in crude oil prices was the single-biggest weight on the... [read more]

RIOCAN TRANSFORMING SOME RETAIL SHOPPING CENTRES INTO MIXED USE COMMUNITIES WITH RENTAL, CONDO UNITS The Canadian Press, Financial post Image courtesty of: Derek Ruttan / The London Free Press / Postmedia Network RioCan Real Estate Investment Trust says it will turn some of the retail shopping centres in its portfolio into mixed-use communities that have the potential for more than 20,000 residences in six major Canadian markets. The announcement of the RioCan Living brand... [read more]

CANADA IS COOLING ON U.S. TROPHY OFFICE TOWERS, EH? Konrad Putzier, REA Image courtesty of: TheRealDeal.com Oh Canada, why won't you buy U.S. office buildings anymore? The friendly northern neighbour is cooling off on purchasing trophy commercial properties after years of frenzied buying and has started shifting its focus to industrial and multifamily buildings. A mere 39% of Canadian investment in U.S. real estate in the first half of the year went into office... [read more]

9 CHARTS TO HELP YOU MAKE SENSE OF CANADIAN REAL ESTATE CRAZINESS IN 2017 Josh Sherman, BuzzBuzzNews Canada Economic analysis isn't always the easiest to understand. There's even a word for economists' jargon: Economese. Thankfully, there are charts. Economists with the country's biggest financial institutions feed the real estate obsessed with innumerable charts presenting complex data in a straightforward way.  Here are 9 interesting examples BuzzBuzzNews... [read more]

TORONTO IS NOW NORTH AMERICA'S HOTTEST HOUSING MARKET Josh Sherman, BuzzBuzzNews Canada Image courtesty of: realtor.ca Toronto's luxury housing market has shot past Vancouver's in an international ranking of top locales for wealthy homebuyers. Ontario's capital placed seventh on the latest annual Prime International Property Index from Knight Frank, a London-based property consultancy, one spot ahead of Vancouver - last year's global leader - making it... [read more]