TPN from MRI Software’s Post

The government has set a target for the private rental sector; all residential rental properties to have an EPC of Band C or above by 2030. Do you think this is feasible? I know for me, one of my properties has just had a new EPC and it currently states my property can't go above a D!! So how will I comply?! Will there be cost limits? Exceptions? Will the rental stock be reduced, as some properties won't be eligible to rent anymore? The target has been advertised before any type of plan is made, so I'll be keeping my ears to the ground to find out how this will be achieved. 🤞🏼 #epc #rentalregulations #govermentplans #residentialletting

As I look across the industry, I think more operators with leased portfolios will weigh similar moves within the next 12 to 24 months as they seek to gain more control over their own destiny and reap the benefits of looming demand. Check out this week's SHN+ Update on Senior Housing News

This is how the local property market is performing - RE/MAX National Housing Report

All the key Matrix for September point to a Hamilton Residential Market that is improving at an encouraging pace.

Some interesting rental market news from our sister company, Deposit Protection Service (The DPS)... According to tenant surveys, which The DPS conducted in March and September 2023, renters are typically staying in their properties for a third longer compared with four years ago. The average tenancy now lasts 924 days, which amounts to a rise of 30.87% during the period. Read the full story here: http://spr.ly/6040b1u1k FOR INTERMEDIARIES ONLY

HFO’s Greg Frick featured on KATU-TV Greg Frick breaks down the latest Multifamily NW report on KATU: metro rents have stabilized, but vacancy rates and new construction are declining. Watch the video for more details. #PortlandRealEstate #HousingTrends #MultifamilyNW #HFO #GREA

Considering becoming a landlord in Ontario? Discover the financial rewards of investing in multifamily commercial real estate or leasing out your space. Learn about the ins and outs of Ontario's Residential Tenancies Act, ensuring a profitable and amicable landlord-tenant relationship. From tenancy agreements to tenant screening and eviction guidelines, this article covers it all. Dive into the world of real estate with confidence! #OntarioLandlord #RealEstateInvesting #LandlordTips #RealEstate

Caution prevailed at the URA tender closings on 4 April for the residential site at Upper Thomson Road Parcel B (940 units) and the pilot long-stay serviced apartments (SA2) site at Zion Road Parcel A (735 conventional housing units and 435 – 500 SA2 units). Both parcels saw muted participation from developers, each receiving just 1 bid. This shows continued risk aversion and selectiveness among developers especially for prime sites and bigger sites which require larger capital outlay, in light of economic headwinds, interest rate uncertainty and cooling measures. Tricia Song shares on The Business Times. https://cbre.co/43U6J4k #CBREInsights #realestate

Caution prevailed at the URA tender closings on 4 April for the residential site at Upper Thomson Road Parcel B (940 units) and the pilot long-stay serviced apartments (SA2) site at Zion Road Parcel A (735 conventional housing units and 435 – 500 SA2 units). Both parcels saw muted participation from developers, each receiving just 1 bid. This shows continued risk aversion and selectiveness among developers especially for prime sites and bigger sites which require larger capital outlay, in light of economic headwinds, interest rate uncertainty and cooling measures. Tricia Song shares on The Business Times. https://cbre.co/43U6J4k #CBREInsights #realestate

Continued momentum in 2024 with Q1 off to a strong start! The first installment of our 2024 Quarterly Market Housing and Rental Report is now available. This report highlights housing activity across the province and recaps what we saw in Q1 2024, including housing starts, rental trends, housing types under construction, pricing, and inventory. FULL REPORT: https://lnkd.in/gCFZAGAj