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Ari Altstedter

Ari Altstedter

Reporter at Bloomberg News - Toronto Bureau

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Email address
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Influence score
19
Phone
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Location
Canada
Languages
  • English
Covering topics
  • Society
  • Real Estate
  • Finance & Banking Services

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Recent Articles

bloomberg.com

Canada Home Prices Jump Most in 16 Months as Interest Rates Fall

Canadian home prices posted their biggest gain in almost a year and a half as falling interest rates bring the market back to life.
bloomberg.com

Growing Distress in Canada Condos Turns Lenders Into Developers

Some lenders to Canada’s distressed condo developers are finding they have little choice but to buy the troubled projects they backed and finish the buildings themselves.
bloomberg.com

‘In the Red Pretty Deep’: Canadian Housing Investors Try to Sell to...

Bawelaya Isho is ready to end his foray into real estate investing.
bloomberg.com

Toronto Home Prices Fall for Second Month as New Listings Surge

Toronto home prices dropped for a second straight month as hopes for a market rebound prompted sellers to rush back in faster than buyers.
bloomberg.com

Canada’s Housing Bust Pits Real Estate Coaches Against Students

A new class of educators promised to help small-time investors use property to build their personal wealth. Now, a backlash is brewing.
bloomberg.com

Condo Rents in Toronto Decrease for First Time in Three Years

Rents for Toronto condos fell this year for the first time since 2021 as a surge in listings brought some relief to renters.
bloomberg.com

Toronto Home Sales See First Gain Since January After Rate Cut

Toronto home sales rose for the first time in five months after the Bank of Canada eased borrowing costs from a multidecade high.
bloomberg.com

Key Toronto Homebuying Season Turns in Buyers' Favor This Year - Bl...

Toronto’s traditional spring housing market kicked off in favor of buyers as prices fell and new listings rose from the same time last year.
bloomberg.com

Developer Tells Canadians Priced Out of Home Ownership: It’s OK to ...

With rents at record highs and vacancies at all-time lows, Canada is in the midst of a severe apartment crunch. Adrian Rocca is deploying rooftop pools, coffee-to-cocktail cafes and dog spas to get his country out of it.
bloomberg.com

TPG Said in Talks to Buy Canada REIT's Manufactured Housing Unit - ...

Alternative asset manager TPG Inc. is in talks to buy the manufactured housing business of Canadian Apartment Properties REIT, a move by a major US investor to gain exposure to the historically tight real estate market of its northern neighbor.
bloomberg.com

Canadian Home Sales Decrease for First Time in Three Months

Canadian home sales declined for the first time in three months as buyers’ urgency to jump into the market cooled off.