"How do you fix supply? That’s a really difficult question because of the amount of time it takes and the cost inputs," says Dustan Woodhouse, president of Mortgage Architects.
At the beginning of the year, no one really knew what would lie ahead for the real estate industry (or any industry for that matter) due to COVID-19. Even experts were stumped on what would happen to the Canadian housing market and what trends they would expect to see.
Several factors are expected to offset the headwinds resulting from the outbreak's impact on the economy, study shows
The coronavirus outbreak is leading to defaults on credit cards, utilities, and telecoms
City calls for policies in place to help unemployed tenants
There was a surge of claims over the weekend according to a new report
With the virus outbreak only just beginning, more disruption is expected
World-first fund believes its communal housing projects will become mainstream
Statistics Canada figures reveal that annual increases are still lagging
The Surrey Gardens Apartment Portfolio stretches across almost 6 acres
Property managers and landlords will be able to make fast, smart, tenant decisions
Empire State Building will be taken to a new level this weekend
Minister of Service has proposed changes to the Real Estate Act
Many of the things communities rely on are aging and in poor condition
Report reveals most Canadian organizations were targeted last year
Information systems firm has partnered with aerial imagery firm
HuffPost Canada says that TransUnion suffered an attack over the summer
The real estate portal says searches are down almost 40% this month
New York-based REIT has filed a lawsuit against the bank
Canadian 'Big Six' bank says digital channels are a safer option
Five US real estate bodies have asked mayors and governors to include them in COVID-19 exemptions
The crown corporation says that it is financially prudent in the current circumstances
The new rental supplement will be paid directly to landlords
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