Apartment vacancy falls as Canada’s rental market begins to stabilize

National vacancy declined to 4.7% in the second quarter and rent growth slowed, even as prospective tenants continued to face a wide affordability gap.

National vacancy declined to 4.7% in the second quarter and rent growth slowed, even as prospective tenants continued to face a wide affordability gap.
For a few days last week, two buckling steel columns at the Pfizer Building became the biggest real estate story in America. If you only read the headlines, you might conclude that office-to-residential conversions are suddenly in trouble. SEE ALSO: Experiential Retail: What Works Now and What Doesn’t The opposite is closer to the truth….
Key insights: A group of state-focused consumer advocacy groups are banding together to fight against earned wage access industry lobbyists. What’s at stake: Last year, six states pushed EWA regulation, but the revitalization of a federal bill governing the product poses an existential threat to states’ regulatory independence. Forward look: The bill is unlikely to…
Oil rebound seen pressuring Asian currencies, MUFG says. Indian rupee hit hard. !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}
At the Calculated Risk Real Estate Newsletter this week: Click on graph for larger image. • Housing Starts Decreased to 1.246 million Annual Rate in October • The “Home ATM” Mostly Closed in Q3 • 1st Look at Local Housing Markets in December • Asking Rents Decline Year-over-year • Update: The Housing Bubble and Mortgage…
Living in London, I spend most of winter fantasizing about the sun on my skin, balmy sea swims, and the carefree mood that loosens even the most uptight urbanites. By the time spring rolls around, I’m usually plotting an escape around maximum sunshine, beautiful beaches, excellent food — ideally somewhere along the Mediterranean, like France…
PayPal shares jumped about 16% in premarket trading Wednesday after reports that Stripe and Advent International submitted a joint $60.50-a-share offer, valuing the company at more than $53 billion. The proposal, made earlier this month and supported by roughly $50 billion of committed bank financing, represents a 28% premium to Tuesday’s close. PayPal has not…