Real estate
Amid Soaring Home Sales, Canada’s Housing Starts Decline In February
March 16, 2021 07:59 AM EDT| By Shreya BiswasSource: Stock-Asso, Shutterstock Summary The pace of housing starts in Canada declined on a monthly basis to 242,777 units in February 2021. Despite the decline, the national trend in housing starts “remained elevated" in February. The...
Canada’s ‘Housing Bubble’: What Does The Rising Home Sales Tell Us?
March 11, 2021 07:06 AM EST| By Shreya BiswasSource: Naypong Studio, Shutterstock Summary Bank of Canada said on Wednesday that the recent activity in Canada’s housing market shows that it is “much stronger than expected.” There have been, however, some voices of concer...
5 Real Estate Stocks To Buy As Canada Home Prices Soar
March 04, 2021 08:50 AM EST| By Shreya BiswasSource: Alexander Raths, Shutterstock Summary Greater Toronto Area (GTA) saw its average home prices jump 14.9 per cent year-over-year (YoY) in February to hit a record value of over C$ 1 million, the Toronto Regional Real Estate Board (TRREB)...
What Pandemic? Toronto Home Sales Roar, Prices Top C$1 Mn First Time
March 03, 2021 11:00 AM EST| By Ipsita SarkarSource: godshutter, Shutterstock Average home prices in Greater Toronto Area (GTA) topped over C$1 million in February 2021, up 14.9 per cent year-over-year (YoY), informed the Toronto Regional Real Estate Board’s (TRREB) on Wednesday....
WPT Industrial (WIR.U) & RioCan (REI.UN): 2 Dividend-Paying REITs
February 01, 2021 12:14 PM EST| By Kunal SawhneySummary Canada’s real estate price growth outperformed almost every other market in the pandemic-ridden stretch of 2020. WPT Industrial REIT distributes a monthly dividend of US$ 0.063, which currently has an yield of 4.84 per cent, as pe.....
FirstService (TSX:FSV) & Colliers (TSX:CIGI): 2 Real Estate Stocks To Explore
January 13, 2021 08:55 AM EST| By Kunal SawhneyCanada’s home sales rose to record levels through the coronavirus pandemic last year. The Canadian Real Estate Association (CREA) reported that in the first 11 months of 2020, the country’s saw 511,449 home sales over the Canadian MLS®...
Brookfield Proposes To Take Its Real Estate Wing Private In US$ 5.9Bn Deal
January 04, 2021 11:05 AM EST| By Team Kalkine MediaBrookfield Asset Management Inc (TSX: BAM.A), along with other institutional investors, plans to purchase the stake it does not own in Brookfield Property Partners LP (TSX: BPY.UN). The deal, valued at US$ 5.9 billion, is meant to take the real est.....
Top TSX Real Estate Stocks of 2020
December 30, 2020 01:10 AM EST| By Team Kalkine MediaDespite the raging pandemic and economic downturn, Canadian home sales were historically strong in 2020. In October and November, actual home sales activity (not seasonally adjusted) was up over 32 per cent year-over-year (YoY), according to the Cana...
How COVID-19 Pandemic May Alter The Way Canadian Cities Functions
December 20, 2020 01:51 AM EST| By Team Kalkine MediaThe COVID-19 pandemic has kinked the way our normal lives function. People around the world went from going to work to working from home, shopping online and relying on a homebody economy to maintain the social distancing protocols. While so.....
Apartment Investment and Management & RioCan: 2 Trending Real Estate Stocks
December 16, 2020 07:40 AM EST| By Hina ChowdharySummary Apartment Investment and Management Company stocks tumbled over 87 per cent on December 15, following reports of possible violations of fiduciary duty investigation. RioCan stocks are up almost 11 per cent in the last one month. Its 30-.....
Colliers & InterRent: 2 Real Estate Stocks On Investors’ Radar
December 11, 2020 11:05 AM EST| By Team Kalkine MediaSummary Colliers holds a semi-annual dividend of US$ 0.05 per stock and delivers a return on equity (ROE) of 12.93 per cent. Colliers’ stock is up 13.5 per cent year-to-date (YTD). InterRent REIT pays a monthly cash dividend of C$ 0.027 .....
Why Are RioCan And H&R REITs Trending?
December 04, 2020 05:31 AM EST| By Kunal SawhneySummary RioCan holds a current dividend yield of 7.987 per cent. It pays a monthly cash dividend of C$ 0.08 per stock. Units of RioCan have rallied 22 per cent in the last one month H&R delivers a current dividend yield of 4.768 per cent. .....
How October Home Sales Data Release Impacted Canadian Real Estate Stocks?
November 19, 2020 07:39 AM EST| By Hina ChowdharySummary Real estate stocks have been trending since the CREA released its October statistics this week. The recent data showed that Canada’s home sales figures fell 0.7 per cent in October from September’s record high. The S&P/.....
TSX Q3 Earnings: Real Estate Stocks FirstService & Colliers International Report Strong Results
November 05, 2020 06:13 AM EST| By Kunal SawhneySummary FirstService Corp reported an adjusted EBITDA of US$88.7 million for the third quarter of 2020, up 15 per cent YoY. FirstService stocks grew 47.45 per cent this year. Colliers posted an adjusted EBITDA of US$ 92.1 million for Q3 2020, .....
StorageVault Canada, The Real Brokerage & Fronsac REIT: 3 Real Estate Stocks Under C$5
October 27, 2020 07:07 AM EDT| By Hina ChowdharySummary Junior real estate stock StorageVault Canada has rebounded by 39.65 per cent since the pandemic-led market crash. The Real Brokerage’s stock is up over 353 per cent in the last three months. Fronsac Real Estate Investment Trust s.....
Real Estate Stocks Madison Pacific (TSX:MPC) & Altus Group (TSX:AIF) Gain Ground
October 16, 2020 06:59 AM EDT| By Team Kalkine MediaSummary Canada’s real estate market is staring at a bubble risk. Home prices touched C$975,980 in September, an 11 per cent increase from the same period last year. Altus Group Limited (TSX:AIF) stocks have gained by 45.54 percent this .....
FirstService and Tricon Residential: 2 real estate stocks to watch out for
October 06, 2020 12:20 PM EDT| By Team Kalkine MediaSummary Twenty-five per cent drop in average real estate sale prices in the Greater Toronto area from April, the Toronto Real Estate Board states. Slower real estate activity observed in Charlottetown, Halifax and Saint John in March. Ontario .....
Melcor and H&R: 2 TSX Dividend-Paying REITs To Watch Out
September 22, 2020 07:30 PM EDT| By Team Kalkine MediaSummary Canadian REITs are yet to recover from the setback triggered by the March market crash. Some REITs, such as Melcor Real Estate Investment Trust Units (TSX: MR.UN) and H&R Real Estate Investment Trust (TSX: HR.UN), have been drawing .....
Future of Canadian Housing Market: A Rebound On The Horizon?
August 29, 2020 12:54 PM EDT| By Team Kalkine MediaThe once-resilient housing market of Canada is undergoing a historical recession triggered by the COVID-19 pandemic, social distancing rules and the overall economic downturn. A cornerstone of Canada’s economic growth till the beginning of 20.....
The Future of Canadian Housing Market: A Rebound On The Horizon?
July 15, 2020 02:00 AM EDT| By Team Kalkine MediaThe once resilient housing market of Canada is undergoing a historical recession triggered by the COVID-19 pandemic, social distancing rules and the overall economic downturn. A cornerstone of Canada’s economic growth till the beginning of 20.....