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December 11, 2019
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Multi-suite market sweet for landlords
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Canada’s multi-suite market performed at a healthy level for landlords and investors in 2019, according to the latest Economic Outlook Report from Morguard. This outcome was largely driven by economic growth and ongoing demographic trends supporting strong rental market conditions in Canada’s major cities throughout the year.

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Headline News
»CAPREIT acquires substantial Halifax portfolio
 
»Multifamily asset class wins lender confidence
 
»Vancouver to phase in 75% hike on empty homes tax
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A Snapshot of Canada’s commercial property sector
Trends in the commercial property industry can be hard to track. Nonetheless, keeping tabs on market conditions and headwinds can help asset stakeholders make the most of their investments. »READ MORE
»Changes to Toronto’s RentSafeTO bylaw
 
»Ontario presents bill to toughen real estate ethics
 
»Tricon Capital Group acquires Nashville portfolio
 

H&S Building Supplies Ltd. is one of Ontario's premier maintenance supply wholesalers. We specialize in the multi-unit residential space; providing quality products, competitive prices, on-time delivery, and product knowledge second to none. We exist to service & supply the property management industry.
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AI-driven energy management platforms
The apartment rental landscape is changing. Utility costs are rising, creating the need for improved energy management. And while inflated homeownership costs are driving increased rental demand, a fact that might suggest more profitable investment returns for owners of apartment buildings, the growing cost of utilities is an ongoing challenge to building management bottom lines.»READ MORE
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IN CASE YOU MISSED IT:
Average monthly rents up 5.5% in Canada

New data from Rentals.ca reveals that average monthly rents for a one-bedroom apartment in Toronto continue to be the highest in Canada, while Vancouver remains priciest for a two-bedroom unit throughout the month of October.  »READ MORE

 
 
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