A real estate stock to watch out in 2021

• May 10, 2021 09:48 AM EDT
• Raza Naqvi

The equity market witnessed one of the biggest crashes after the COVID-19 pandemic struck Canada for the first time last year. With coronavirus cases rising again, long-term investors are likely to play cautiously and choose stocks wisely as uncertai...

• April 28, 2021 10:38 AM EDT
• Team Kalkine Media

Summary FirstService Corporation (TSX:FSV) came out with its 2021 first-quarter results on Tuesday, April 27. It posted a 12 per cent year-over-year (YoY) surge in consolidated revenues. Following this, FirstService stocks climbed by nearly th...

• April 20, 2021 11:36 AM EDT
• Team Kalkine Media

Summary Recently, a Royal Bank of Canada (RBC) survey revealed that 36 per cent of young Canadians (under the age of 40) have ditched their plans of buying a home. Finance Minister Chrystia Freeland announced in the federal budget that the gove...

• April 16, 2021 08:47 AM EDT
• Team Kalkine Media

Source: Stock-Asso, Shutterstock Summary The average price of a home in Canada increased by 31.6 per cent to C$ 716,828. The housing market continues to soar and more Canadians are willing to sell their homes. Canada's housing market soared t...

• April 09, 2021 12:02 PM EDT
• Team Kalkine Media

Source: Pravinrus, Shutterstock Summary Tighter mortgage qualification rules will make it difficult for homebuyers to secure financing. Work from home options and cheap mortgages have increased the demand for houses. Last month the Canada Mor...

• April 06, 2021 01:00 PM EDT
• Team Kalkine Media

Source: godshutter, Shutterstock Summary TRREB president Lisa Patel said that the estimated economic regrowth and low borrowing costs have boosted home sales. From the peak pandemic period of March 2020, new listings surged 57 per cent. Earli...

• April 04, 2021 12:14 AM EDT
• Team Kalkine Media

Source: Jirapong Manustrong, Shutterstock Summary Brookfield Property's board has taken a unanimous call and approved the deal. Brookfield Asset already owned 60 per cent of Brookfield Property. The company’s CFO had indicated that maki...

• March 26, 2021 10:24 AM EDT
• Team Kalkine Media

Source: Pravinrus, Shutterstock Summary The housing market in Canada faces vulnerability for the second consecutive quarter. Areas like Toronto and Halifax, which are witnessing a price surge, have moved from moderate to high degrees of vulner...

• March 22, 2021 12:06 PM EDT
• Team Kalkine Media

Source: godshutter, Shutterstock Real estate can be a good sector to invest and multiply your money. It has always been a tried and tested way for diversifying the investment portfolio. Despite the pandemic woes, the Canadian real estate market has ...

• March 16, 2021 07:59 AM EDT
• Shreya Biswas

Source: 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 ...