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Real Estate Briefing - Categorized | Americas, Market Moves more

DBRS: Canadian real estate sector outlook remains stable

Posted on 08 September 2011

DBRS said that its outlook on the Canadian real estate sector remains stable following its second-quarter review. The stable outlook mainly takes into account the sector’s stable operating performance, ample liquidity, reasonable credit metrics and currently low interest rate environment.
The rating agency expects to see property-level cash flow growth to remain reasonable for the remainder of 2011. However, it remains skeptical about the growth pace over the longer term as Canadian real estate fundamentals could be exposed to slower economic growth going forward……………………………………….Full Article: Source


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