Blog posted by Mike Milovick
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The Student Housing Trends Top 5 of 2015
Prelease, Occupancy Rates Soar
2015 saw positive student housing trends, as prelease and occupancy rates increased and more investments came into the sector.
Contributed by Axiometrics, December 30, 2015
... [ read more ]
Blog posted by Mike Milovick
Views (5025)
Rent hike
Peter Lee,Record staff
Tenant Greg Armstrong, shown in his unit at 50 Goldbeck Lane in Waterloo, is concerned that some residents may be forced out of townhouses due to an eight per cent rent hike.
Waterloo Region Record
By Paige... [ read more ]
Blog posted by Mike Milovick
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Cap Rate Variations
Everyone in real estate knows how to calculate a cap rate — or do they?
By Daniel Kann | Mar.Apr.15
Commercial real estate professionals live and breathe capitalization rates. Every trade publication, market participant,... [ read more ]
Blog posted by Mike Milovick
Views (5250)
For years, Waterloo landlords cautioned City Council that its "per unit/per bedroom" Rental License Fee was a "tenant tax" which... [ read more ]
Blog posted by Mike Milovick
Views (5386)
This was just released this morning. Excellent rental statistics drilling down and focussing on KWC and Guelph:
http://www.cmhc-schl.gc.ca/odpub/esub/64399/64399_2015_A01.pdf
[ read more ]
Blog posted by Mike Milovick
Views (6597)
The link below provides the just released Fall 2015 CMHC Ontario Rental Market report - this is my guide to what is happening rental-wise - not only in KWC - but also throughout Ontario. Great source of rental market information:... [ read more ]
Blog posted by Mike Milovick
Views (5871)
Waterloo Concerned About Possible Den Conversions
Waterloo Region Record
By Paige Desmond
WATERLOO — Waterloo politicians are concerned that developers are skirting density rules by including dens in their projects that can later be... [ read more ]
Blog posted by Mike Milovick
Views (5346)
Negative interest rates an option in Canada, Stephen Poloz says
Central banker says Canada could follow the lead of other countries and put benchmark rate below zero
By Pete Evans, CBC News Posted: Dec 08, 2015 1:16 PM ET Last Updated: Dec 08, 2015 9:37... [ read more ]
Blog posted by Mike Milovick
Views (5776)
Waterloo Rental Bylaw will Stand After Court Rejects Case for Review
Waterloo Region Record
By Paige Desmond
WATERLOO — A legal battle over Waterloo's controversial rental housing bylaw isn't over, despite a judge's dismissal... [ read more ]
Blog posted by Mike Milovick
Views (5652)
Revised King Street project gets thumbs-down from neighbourhood
Waterloo Region Record
By Paige Desmond
WATERLOO — A developer's revised plans for a controversial project at 151 King St. in Waterloo wasn't warmly received by residents... [ read more ]
Blog posted by Mike Milovick
Views (3584)
Here is link to latest CMHC Fall Housing Outlook for Kitchener-Waterloo, Cambridge and Guelph:
http://www.cmhc-schl.gc.ca/odpub/esub/64323/64323_2015_B02.pdf
[ read more ]
Blog posted by Josh Peeters
Views (3200)
With a record month for units sold in September we are slowly starting to work our way out of a Buyer's market and into a balanced market. Average days on market (currently at 93 days) will continue to rise until we get to a reasonable inventory and will start... [ read more ]
Blog posted by Mike Milovick
Views (2870)
A dispute between a condo manager and a group of students that turned physical has resulted in the condo manager losing his job.
The altercation occurred Wednesday, inside the office of the Sage condo developments. Video of it was posted to Youtube the... [ read more ]