CDPYF News and Press, Canadian Apartment Properties Real Estate Investment Trust Tr Units From 06/27/23

2023-06-27 01:30:00 ET Summary The effect of central bank monetary policy tightening has taken a noticeable toll on developed country housing markets. Falling prices weren't sufficient to boost sales transaction volume in all regions. The prices for residential housing are ult...

TORONTO, June 15, 2023 (GLOBE NEWSWIRE) -- Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX: CAR.UN) announced today its June 2023 monthly distribution in the amount of $0.12083 per Unit (or $1.45 on an annualized basis). The June distribution will be paya...

TORONTO, June 08, 2023 (GLOBE NEWSWIRE) -- Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that it has closed on three dispositions of non-core properties built between 1971 and 1999 for combined consideration of $103.3 million (ex...

2023-06-08 13:34:00 ET Summary Why the BOC had to reconsider its rate pause. When the BOC hit pause, the Canadian economy looked very different. Economies were bracing for a recession. What happened? The Bank of Canada raised its benchmark interest rate to 4....

2023-06-08 11:38:00 ET Summary Bank of Canada announces 25 bps hike, raising the rate to 4.75% amid concerns of lagging inflation and housing market issues. Bonds and dividend-paying equities sell off in response, with a predicted 5% base rate by the end of 2023. Monetary poli...

2023-06-02 21:30:00 ET Summary Cooler heads prevail over debt ceiling but are there broader implications? Recession vs resilience: Finding opportunities in a cautious market. Why fixed income still may provide opportunities for investors. The bill to rais...

TORONTO, June 01, 2023 (GLOBE NEWSWIRE) -- Canadian Apartment Properties Real Estate Investment Trust (TSX:CAR.UN) (“CAPREIT”) announced today that, at its Annual General Meeting of Unitholders held today (the “Meeting”), each of the items of business referred to in it...

2023-05-26 10:30:32 ET Summary The REIT owns 86% of properties in Canada and 14% in the Netherlands. Both of these are good markets which have seen some of the fastest growth, but also have record low levels of new supply. As much as I’d like to invest in these markets,...

2023-05-24 14:29:00 ET Summary The median new US home in April sold for $420,800, -15% lower than the peak last October. Historically, the average housing downturn has taken 4-6 years to bottom and has always led to the worst economic contractions. This housing downturn starte...

2023-05-18 11:28:00 ET Summary Historically, it has been typical at the beginning of real estate downturns for listings to decline as owners try and extend loans rather than sell properties at lower prices. In the first quarter of 2023, investors purchased just $10.7 billion of of...