Is Calgary the next property hot spot for foreign buyers? Apparently the answer is out… Confirmed : Nope. Foreign Investors are Still not Rushing to Montreal and Calgary Actually, Foreign investors ignoring Calgary, Montreal real estate markets Calgary has a glut of unsold condos, so earlier this year, with a tax on foreign buyers in […]
Montreal is the hotspot for African dirty money
They say the rich Chinese swamped to Vancouver to park their wealth and to certain extend, Toronto. Apparently the deep pockets African ruling elites are doing the same thing except not in Vancouver or Toronto, but our francophone regions in Quebec. I wonder if Robert Mugabe is part of the action? Montreal: the latest hotspot for […]
The Real Estate Gold Rush
Everyone has a crush for real estate these days … Even people traditionally has nothing to do with real estate, in fact, enemies of the brick and mortar business model – The Geeks: – Google and Facebook employees are flocking to a startup that’s … Image Source Tech Insider–Jun 23, 2016 But it wasn’t a traditional real estate […]
Canadians are rich – Real estate: The pricier, the better
GTA luxury home sales up 34 per cent in 2014 Brutal winter has helped buoy demand for low-maintenance, high-end condos The biggest jump, surprisingly enough, was in the sale of $1 million-plus condos which skyrocketed by 53 per cent to the end of June over the same period of 2013 — gains beyond those seen […]
Montreal beats Toronto in unsold condos
This was originally posted to the Real Deal blog. Despite fears of investors driving Canada’s largest condo market into an overbuilt ghost town, there are actually more units sitting empty in Montreal than in Toronto, a BMO report says. “I was surprised,” said BMO senior economist Sal Guatieri. “I didn’t know it (the number of vacant […]