Forward | Unsubscribe | Sign Up | Archives July 8, 2016
1. Q2 2016 apartment market summary
National vacancy levels remain healthy as we move into Q3, supporting strong income stability for owners and investors active in the Canadian apartment market. That said, with the energy sector crisis still affecting the province of Alberta, Calgary has been impacted with RealNet Canada reporting that no major sales closed during the months of April or May. To entice new tenants, apartment owners in Calgary have resorted to offering incentives like free rent.
2. City land-use regs cause rising homes prices: study
According to a new study released by policy think-tank the Fraser Institute, municipal land-use regulations may to be blame for the falling supply of new homes in some of Canada’s largest cities, contributing to rising home prices.
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3. Grandview Heights Aquatic Centre makes a big splash
The Aquatic Centre is an architecturally striking facility that will meet the recreational needs of a growing community, while providing the capacity to host competitive swimming and diving events.
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4. B.C. home inspectors call for cooling off period
Due to the dwindling new home listings in some regions of B.C., particularly the Lower Mainland, and the competition it is causing, some home buyers are potentially risking tens of thousands of dollars by making a “subject free” offer on a home in order to win a bidding war.
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5. Emerging trends in green cleaning technology
Green cleaning is now common practice in the facility maintenance field. But some industry insiders say it’s not enough to be green anymore. Technology trends are constantly evolving to be more sustainable, resulting in a number of opportunities.
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