CMHC - May Report - Housing Starts & more........

PARKINSON: Are we getting complacent over housing starts?
It seems we're not as intimidated by 200,000 Canadian housing starts as we used to be. Canada Mortgage and Housing Corp. reported Monday that May housing starts came in at a 198,300 annualized rate, the fastest pace in seven months and considerably above economists' expectations. Starts have now averaged 197,500 over the past two months, a dramatic turnaround from the 175,000 average for the first quarter of 2014.
Source: Globe and Mail & CREA 
Human capital considerations growing in importance for firms looking to relocate
Canadian companies are increasingly taking into account the office-location preferences of their employees and the impact of relocation on their ability to recruit and retain top talent, says a recent report released by commercial real estate firm Colliers International. The study, which polled 225 business real estate decision makers, showed the health and well-being of staff to be critical to 33% of respondents and important to 42% as a consideration for any future relocation. In addition, the ability to recruit and retain staff was cited as critical by 29% of respondents and important by 39%.
Source: Financial Post & CREA 
Bernard P. Haché

Bernard P. Haché

Real Estate Broker
CENTURY 21 Multi-Services Inc.
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