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News from Saskatoon

As I mentioned in my last post, I am working in Saskatoon this week. The seniors housing market here is very interesting. Vacancies are low and rents are high. The faith-based not-for-profit...

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All you condo-sceptics out there take note:

Some of you may have seen the inaugural copy of the Westbridge Group Valuation Partner/Lumina Services newsletter. If you haven’t seen it, it is pretty amazing even if I do say so myself. One of the...

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State of the US Housing Market

The Joint Centre for Housing Studies at Harvard University (JCHS) just released its 2011 State of the Nation’s Housing report. These reports are a gold mine of information on the US housing market. The...

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And you thought the US housing market couldn’t get worse: reverse mortgages...

If you did think that that US housing market couldn’t get any worse, think again. Apparently a significant number of seniors who entered into reverse mortgage arrangements to provide an additional...

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Interprovincial Migration to BC (no no it’s not boring!)

Readers of my book and this blog will know that I have what is probably an unhealthy, or at least an unnatural, interest in migration patterns. But anyone who is interested in seniors housing markets,...

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Primary Market Areas

Historically, market areas in the seniors’ housing industry in Canada have been defined for the service enriched segment of the market. Primary market areas (PMAs) are considered to be those areas from...

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Lumina Group Newsletter Imminent!

It’s been a long time coming (also one reason why there’s been a little bit of a drop off in my posting) but we will be in a position very shortly to launch our newsletter, called, perhaps a little...

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Construction activity down but prices at high end up

The National Real Estate Investor just reported that 14,942 units of private pay service-enriched and skilled nursing facility beds are under construction in the US. That’s up modestly year-over-year...

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US Market Improving (slowly)

I know I do go on about the US market, but I find it endlessly fascinating. Of course that’s partly because there is so much data on the US market. We have so little data in Canada that it is usually...

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Follow Me on Facebook

Hi Everyone, I know it’s been far too long since I updated this blog, but many things have happened over the last year and regularly posting here just fell by the wayside. But, that isn’t to say that I...

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