Real estate
Montreal Home Sales Surge in August Amidst Broader Canadian Market Declines
September 09, 2024 02:18 AM EDT| By Team Kalkine MediaMontreal-area home sales experienced a notable increase of 9.3% in August compared to the same month last year, according to the Quebec Professional Association of Real Estate Brokers (QPAREB). The uptick in sales is slightly above the historical ave...
Calgary Real Estate Market Sees Significant Shift in August
September 04, 2024 01:07 AM EDT| By Team Kalkine MediaThe Calgary real estate market experienced a notable downturn in August, with home sales plummeting by 19.5% compared to the same period last year. The Calgary Real Estate Board (CREB) reported that a total of 2,186 properties were sold in August, a...
Two Canadian REITs stocks to keep under watch for dividend income
September 02, 2024 02:59 AM EDT| By Team Kalkine MediaInvesting in Real Estate Investment Trusts (REITs) in Canada presents a compelling opportunity for both income and growth. On average, Canadian REITs offer dividend yields between 4% and 6%, surpassing many traditional stocks. This consistent income...
Titanium Transportation Group (TSX:TTNM) Declares Quarterly Dividend of $0.02 per Share
August 26, 2024 04:34 AM EDT| By Team Kalkine MediaTitanium Transportation Group Inc. (TSX: TTNM, OTCQX: TTNMF) has announced a quarterly dividend of $0.02 per common share, scheduled for payment on September 16, 2024. Shareholders of record as of August 30, 2024, will be eligible to receive this div...
Consistent Monthly Payouts from a 5.3% Dividend Stock
August 26, 2024 12:00 AM EDT| By Team Kalkine MediaIn the,real estate,sector, a noteworthy stock has emerged with its consistent monthly dividend payments, offering a yield of 5.3%. This dividend stock is particularly appealing to those seeking regular income, as it provides monthly payouts rather th...
Badger Infrastructure Plans to Repurchase Up to 860k Common Shares
August 23, 2024 01:28 AM EDT| By Team Kalkine MediaBadger Infrastructure Solutions Ltd. (TSX:BDGI), a leading provider of non-destructive excavating services in North America, has announced its intention to initiate a normal course issuer bid (NCIB) for the repurchase and cancellation of up to 861,83...
Real Estate Sector Challenges Highlight Slate Grocery REIT’s Resilience
August 23, 2024 12:00 AM EDT| By Team Kalkine MediaThe real estate sector has experienced significant headwinds as high interest rates have impacted property valuations and revenue growth. Companies in the,real estate,investment trust (REIT) sector, such as Slate Grocery REIT, have been particularly...
Granite REIT (TSX:GRT) Announces August 2024 Distribution
August 19, 2024 04:40 AM EDT| By Team Kalkine MediaGranite Real Estate Investment Trust (Granite) (TSX: GRT.UN / NYSE: GRP.U) has declared a distribution of CDN $0.275 per stapled unit for August 2024. This announcement, made two days ago, confirms that the distribution will be paid on Monday, Septem...
2 Top TSX REITs to Watch as Interest Rates Fall in August 2024
August 16, 2024 12:00 AM EDT| By Team Kalkine MediaFalling interest rates in Canada present a strong case for real estate opportunities in August 2024. With mortgage rates anticipated to decline, leveraged real estate transactions are expected to become more affordable. Canadian real estate investmen...
RioCan Earnings Climb to $122.4 Million in Q2
August 09, 2024 11:38 AM EDT| By Team Kalkine MediaRioCan Real Estate Investment Trust has reported notable financial results for the second quarter. The company achieved a net income of $122.4 million, an increase from $112.0 million recorded in the same period the previous year. This growth reflect...
Firm Capital Property Trust Announces Q2 2024 Earnings
August 09, 2024 11:05 AM EDT| By Team Kalkine MediaFirm Capital Property Trust has reported significant financial improvements for the second quarter of 2024. Revenue reached CA$15.3 million, marking a 7.7% increase compared to the same period in 2023. Net income surged to CA$8.88 million, reflecting...
TFI International vs. Colliers International: Key Players in Trucking and Real Estate
August 07, 2024 12:00 AM EDT| By Team Kalkine MediaIn the Canadian market, two prominent stocks stand out for their resilience and potential in today's economic environment: TFI International and Colliers International Group. While TFI International operates in the trucking and logistics sector, and...
3 Reasons Why Real Estate May Not Offer the Stability of a 401(k)
July 30, 2024 12:00 AM PDT| By Team Kalkine MediaSummary:,Real estate is vulnerable to local risks, such as natural disasters and economic changes, that don't affect 401(k) plans in the same way.,Income from real estate depends on maintaining occupancy, which can be uncertain.,Selling property at a...
Analyzing a TSX Stock with a 5.42% Dividend Yield
July 24, 2024 12:00 AM EDT| By Team Kalkine MediaFirst Capital Realty REIT (TSX:FCR.UN) is a prominent player in Canada's real estate investment trust (REIT) sector, specializing in urban retail properties. Known for its strategic focus on high-quality assets and consistent financial performance, F...
Canadian Housing Starts Decline in June Amid Significant Regional Variations
July 17, 2024 02:11 AM EDT| By Team Kalkine MediaThe total monthly seasonally adjusted annual rate (SAAR) of housing starts in Canada decreased by 9% in June to 241,672 units from May's 264,929 units, according to the Canada Mortgage and Housing Corporation (CMHC). This decline reflects a broader t...
Canada's Housing Market Shows Signs of Renewal in June 2024
July 15, 2024 02:44 AM EDT| By Team Kalkine MediaCanada's housing market exhibited early signs of revival in June 2024, following a key interest rate cut by the Bank of Canada at the beginning of the month. This development has spurred a notable increase in home sales activity, reflecting a cautiou...
GTA Home Sales Drop in June 2024 Despite Bank of Canada Rate Cut
July 05, 2024 01:12 AM EDT| By Team Kalkine MediaHome sales in the Greater Toronto Area (GTA) experienced a notable decrease in June 2024 compared to the same month in the previous year, as reported by the Toronto Regional Real Estate Board (TRREB). Despite the Bank of Canada's rate cut at the begi...
Canadian Real Estate Market Stable in May with Anticipation of Increased Activity Following Rate Cut
June 18, 2024 02:02 AM EDT| By Team Kalkine MediaA recent report by the Canadian Real Estate Association reveals that May 2024 was relatively uneventful for many Canadian housing markets, with minor fluctuations in home sales and new listings. However, the recent interest rate cut by the Bank of Ca...
Jacob Bros Acquisition: Boosting Bird's (TSX: BDT) Western Canada Presence
June 11, 2024 01:19 AM EDT| By Team Kalkine MediaBird Construction Inc. (,TSX: BDT,) has made a significant stride in its growth trajectory with the announcement of its acquisition of Jacob Bros Construction, a privately-owned civil infrastructure construction business based in Surrey, BC. The defi...
Prominent Real Estate Stocks on the TSX: Exploring the Market Leaders
July 04, 2023 05:56 AM EDT| By Team Kalkine MediaThe Toronto Stock Exchange (TSX) is home to several prominent real estate companies that have established themselves as market leaders. These companies play a crucial role in the Canadian real estate sector and offer investors opportunities for growt...