"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
The best cities and states in the US have been ranked for senior living
The Quebec regulator is asking for comment on its proposed rules
TREB data shows that the market remains tight and rents increased
Global real estate firm says it’s reshaping the future of work and the built environment
Winners and losers in an essentially flat month for Canadian economy
The agreement will give a better assessment of national price changes
Sales in September were up 46% from a year earlier
A dream home can come with nightmare neighbours says Claude Boiron
Global engineering and tech firm is drawing on experience of managing its own portfolio
The firms will offer automated employment and income verification
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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