"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
Heritage building has earned a trio of accolades
But the 12-month index has seen its first acceleration in 9 months
Canadian real estate industry "cautiously optimistic" about the year ahead
Vancouver Commercial Brokers says it could revolutionize sector growth
Falling mortgage rates are helping to drive sales says NAR
Household net worth eased in 2018 despite rising home values
The City's real estate plan will cut costs and create building opportunities
The #HomeGoals series looks at the conversations that lead to buying a home
Homes in the "Billionaire’s Row" development start at U$6.9 million
BILD report says these charges make a significant impact on affordability
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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