CDPYF News and Press, Canadian Apartment Properties Real Estate Investment Trust Tr Units From 10/18/23

2023-10-18 02:20:00 ET Summary The scary part about inflation in Canada is the red-hot rent inflation, which has shot up in nearly a straight line to 7.3% in September year-over-year. The Bank of Canada has cited inflation in the housing sector as a major problem. The populati...

TORONTO, Oct. 16, 2023 (GLOBE NEWSWIRE) -- Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX: CAR.UN) announced today its October 2023 monthly distribution in the amount of $0.12084 per Unit (or $1.45 on an annualized basis). The October distribution will b...

2023-10-11 15:00:00 ET Summary The average Canadian home listing in August was $750,100 and well over $1 million in the highest population areas. In America, a $1k monthly payment today can buy a home priced at $173,000, down 44% from $309,000 in 2020. The average time from th...

2023-10-10 11:40:00 ET Summary A decade of levered fiscal and monetary incentives has enabled yet another epic capital misallocation cycle. Housing-led economic downturns have historically been the most severe, and the price of homes enters this downcycle more elevated relative to...

2023-10-03 20:35:00 ET Summary In its 2023 Financial System Review, The Bank of Canada notes growing concern about the ability of households to service their debt. Compounding the issue is the fact house prices are falling and reducing the amount of equity owners have. The Ban...

TORONTO, Sept. 25, 2023 (GLOBE NEWSWIRE) -- Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today it will issue its financial results for the three and nine months ended September 30, 2023 after markets close on: Wednesday, Novem...

2023-09-18 19:30:00 ET Summary The percentage of US banks tightening their credit to large and medium firms now above 40% – was only seen during the 2020 pandemic, the 2008 financial crisis, the 2001 Dotcom bust, and the 1990-91 recession. As higher interest rates freeze ex...

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

2023-09-06 11:30:00 ET Summary US mortgage rates (30-year fixed) jumped an extra 50 basis points this week to 7.7%, while Canadian mortgage rates are 6%-plus. Short-term rentals are attractive because they have yielded more per night than long-term leases. Real estate downturn...

TORONTO, Sept. 05, 2023 (GLOBE NEWSWIRE) -- Canadian Apartment Properties Real Estate Investment Trust (“CAPREIT”) (TSX:CAR.UN) announced today that, since its last transaction press release on June 8, 2023, it has closed on six non-core dispositions in Canada, and has entered into ...