Report cautiously optimistic about Canadian real estate investment :: REM Real Estate News

Report cautiously optimistic about Canadian real estate investment :: REM Real Estate News: "U.S. housing woes haven’t extended to Canada, where banks and regulators have managed the excessive mortgage lending practices of our neighbours to the south,” says Frank Magliocco, a PwC partner and the national leader for the Canadian Real Estate practice. “Property markets, including housing, track at or near equilibrium with high occupancies and controlled development. We always get caught up in U.S. trends, but given our strong fundamentals, they shouldn’t affect us to the same magnitude.”"