Atlantic Canada, in the fourth quarter of 2024, experienced a strong residential sector with rising sales and a shrinking inventory. The industrial market, particularly in Halifax, saw a record year for new supply, while Moncton’s leasing activity remained stable. Office markets across the region displayed mixed trends.

Residential Summary for Q4 2024

A March Edge Realty Analytics indicated that Atlantic...

Montreal has introduced changes to its short-term rental rules that property owners planning to rent out a space on platforms like Airbnb should be aware of. These updates are part of an effort to balance tourism with housing needs and ensure compliance with municipal by-laws and the province’s Tourist Accommodation Act. 

Importantly, Montreal has restricted short-term rentals, such as Airbnb,...

Purpose-built rentals are properties designed and constructed from the ground up specifically for the rental market. Unlike properties acquired and then adapted for rental use, these buildings are created with features and layouts intended to meet the needs of long-term tenants. They also offer several potential benefits for investors who seek to balance risk and return. 

Over the past decade,...