Omar Baqa’s Post

While 2023 was a challenging year for commercial real estate, Canada fared relatively well in context. Case in point: Canada’s $49.5 billion year for investment represented a 15% year-over-year decrease, however this paled in comparison to global investment activity levels which plummeted by 47% during the same period. Indeed it was global investors who recognized Canada’s appeal – safety and security, coupled with G7-leading long-term growth prospects – and whose investments saw 2023 reach the highest level of foreign investment on record. #investmentUA #InvestmentKyiv #investmentKiev https://lnkd.in/d9xREN8a

🏡 Exciting News Alert! 📢🇨🇦 The Canadian housing market might just be gearing up for an incredible rebound in 2024! After a careful year filled with uncertainties, economists are predicting a positive turn for real estate. 📈✨ With cautious optimism and a shift in expectations driven by rising borrowing costs, it's time to envision the possibilities that lie ahead. 🤔💭 If you've been keeping an eye on the real estate market, now might be the perfect time to start planning your dream home or investment property in Canada. 🏡💰 Stay tuned for the latest updates, trends, and expert insights as we journey towards an exciting future in Canadian real estate! 🚀📰 Link: https://1l.ink/NQ32MWC #CanadianRealEstate #HousingMarketRebound #2024Predictions #InvestmentOpportunities #DreamHome #MortgageBrokers #LendXFinancial

Why is real estate a good investment in Canada? Many have done very well due to home price appreciation over the past two decades. The inflation-adjusted returns for real estate over the past 50 years in Canada are very similar to that of equities. But those returns came with much less volatility than stock markets.

🏠 Exploring Canadian Real Estate Trends: Must-Read Articles 🍁 Stay ahead of the curve in the dynamic Canadian real estate market with these insightful articles! 📈🇨🇦 Check them out for valuable perspectives on the latest trends shaping the industry: 1. "Navigating Canada’s housing crisis" 📰 https://lnkd.in/g5cxMe58 2. "What every Canadian investor needs to know today" 🏙️ https://lnkd.in/gmDMdWxy 3. "43% of Canadians are not confident they will be able to retire when they initially planned: TD Survey" 🌱 https://lnkd.in/gz9f_-Fz 4. "Canada’s Real Estate Losses Are Piling Up" 🌟 Explore these articles to gain insights into the forces shaping Canadian real estate. Share your thoughts and join the conversation on the future of real estate in the Great White North! ❄️💬 #CanadianRealEstate #RealEstateTrends #PropertyMarketInsights

Exciting news for potential investors! Canada's housing markets are experiencing a unique shift that could benefit those eyeing investment properties. 📅 Over the past several months, dwindling sales, high interest rates, and economic uncertainty have created a strong bargaining position for buyers, particularly in major cities like Toronto and Vancouver. 🔍 According to Robert Hogue, Assistant Chief Economist at RBC, this presents an excellent opportunity for prospective investors. Until interest rate cuts take effect, buyers can leverage their advantageous position to secure further price declines. 📊 Seize this opportunity to explore potential investment properties with the current market dynamics favouring buyers! To jump on this opportunity and to stay informed for a strategic entry into the real estate investment landscape, give us a call now! 📈🔑 📲 416-495-2746 🌐 https://lnkd.in/gr_FuVnD #ShirriffWellsRealEstate #Toronto #InvestmentProperty

Having taken our first few steps out into Q4 and 2024 on the horizon, we look at the 3 most prominent Canadian Real Estate Trends of the year: 1. Price Discovery Challenge: Rising interest rates and tighter borrowing requirements are causing a period of price discovery in the Canadian real estate market. Capital is harder to come by, leading to reduced competition, while supply chain issues and increased costs add to the pause in real estate activities. 2. Housing Affordability Crisis: Housing affordability is a top concern, aggravated by the Bank of Canada's interest rate hikes. Increasing the housing supply is crucial, but policy actions need to align with the need. Real estate companies can help by adopting technology and process changes to reduce construction costs and speed up housing development. 3. ESG and Sustainability: Sustainability and net-zero emissions are gaining importance in real estate. Companies with strong ESG records have an edge in attracting investment. However, many are yet to fully embrace the commitment to net-zero greenhouse gas emissions. The Canadian real estate sector is navigating financial challenges, housing affordability pressures and sustainability expectations in 2023. #KnightsbridgeCorp #RealEstateTrends #Sustainability #HousingAffordability #2023RealEstateMarketTrends

The relationship between real estate and the economy is complex. While residential housing directly impacts consumer spending and reacts quickly to economic changes, commercial real estate (CRE) serves as both a factor of production and an investment asset class, with indirect and time-lagged effects on the economy. Factors like construction cycles, asset market pricing cycles, and space market cycles further complicate predictions. Economists struggle to foresee how changes in one sector will affect the other, making it challenging to anticipate policy decisions like interest rate adjustments by institutions such as the Bank of Canada. Despite this uncertainty, considering likely scenarios and preparing for various outcomes is essential when navigating the intricate connection between real estate and the economy.

Alberta's Interest Rates: A 2027 Outlook and Beyond In the ever-shifting world of real estate, the question on many minds is, "What's happening with interest rates?" Over the past year, anticipation has been building, with some expecting a decline. Economic forecasters have weighed in, creating a mix of opinions and projections. Recently, insights from CREA (Canadian Real Estate Association) added a new perspective. There's talk of a potential steady state or a slight bump in rates before a downturn. Specifically, there's an expectation that interest rates in our corner of the world, could hover around 2.5-3% by 2027. This differs from the earlier prediction, just a few months ago, placing the timeline at 2029 or 2030. Alberta, like the rest of Canada, is subject to many economic factors influencing interest rates. It's a dynamic landscape, and predictions can sway based on global and domestic economic shifts. For those of you not in Alberta, understanding the broader Canadian context is crucial. Interest rates are a National concern, affecting everyone from Vancouver to St. John's. Keeping an eye on these trends, whether you're in the Prairies or by the Atlantic, can provide valuable insights into the real estate climate. As we navigate these fluctuations, it's essential to stay informed. Economic forecasts are guides, not certainties. Whether you're a potential homebuyer, seller, or just curious about the financial conditions, staying abreast of these changes positions you to make informed decisions. Remember, the real estate journey is an active one. If you have any questions or need personalized advice, we’re here to help. Let's navigate the changes together. #interestrates #alberta #albertahousingmarket #CREA #realestate #realtor #realestateagent #investment #realestateforsale #forsale

Resilience of the Greek Real Estate Market Amid Global Financial Pressures The Greek real estate market continues to strengthen, with the first quarter of 2023 seeing a 14.5% annual rate of increase in apartment prices. The demand for both residential and commercial properties remains high despite the global trend of rising interest rates, which is putting pressure on other foreign real estate markets. Internationally, the real estate sector is under strain. High interest rates, changing work standards due to the increase in teleworking, and impending loan repayments are some of the challenges. According to Goldman Sachs, owners of commercial properties may struggle to refinance their debts at higher rates. Capital Economics predicts a 35% drop in office values by the end of 2025. Morgan Stanley Wealth Management highlights that over 50% of the loans in commercial real estate, equivalent to $2.9 trillion, need to be renegotiated within the next two years under new, higher interest rates. This could trigger a significant financial crisis. While Greece has been insulated from these pressures so far, the effects could still reach the country if the crisis deepens abroad or spreads to other sectors of the economy. #economics #realestate #markets #Greece #financialtrends