First thing first, foreigners who stashed their money in Canadian real estate (never mind legality status of the fund ), and for those who never occupy the properties, they will soon have to pay a little more to maintain their “empty nests” … with the newly proposed Vacancy Tax a.k.a Empty Home Tax in Vancouver: – Empty home tax coming to Vancouver […]
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 […]
Toronto, Vancouver, Calgary Are The Best Cities To Invest In Real Estate
Today everyone in the realty business is citing this particular story by HuffPost: – Best Cities To Invest In Real Estate? Those Would Be Toronto, Vancouver, Calgary Image Source The Huffington Post Canada Canadian cities top the world for the real estate markets that make the best bet for long-term investment, according to a study […]
Canada Real Estate Market: Just how hot is hot ?
Home prices moving at ‘uncomfortably hot pace’ in big markets Calls for a soft landing for the housing market appear on the mark this year, with sales and price gains this spring “comfortably cool” across much of the country, experts at TD Economics and others say. But there are some big exceptions. Toronto, Vancouver and Calgary, […]
The Vancouver Realty Rendezvous Is Back
Vancouver real estate stable now, set for cyclical upswing This what condos look like in Vancouver … Seriously, if you don’t tell you, I thought I am looking at some place in China. VANCOUVER — A tight supply of commercial real estate in Vancouver and across Canada limited sales activity from January to […]
Big Deal: Arab Prince Bought Canada’s Most Expensive $55-million Condo In Vancouver
Vancouver’s $55-million condo the biggest residential real estate deal in Canadian history It’s an amazing price to pay for a condo in Vancouver, but it’s not your ordinary property.