Pronounced demographical underrepresentation in certain real estate sectors
These markets are nowhere near Vancouver in terms of expense
In its monetary policy report released yesterday the Bank of Canada admitted that some of our markets are far from a soft landing. The report noted that the market has rebounded following the very cold winter and benefitted from low interest and mortgage rates and that housing activity has been “more robust than anticipated”.
CMHC admits data vacuum on foreign investors… Vancouver property tax is outdated and unfair say critics… Calgary’s population keeps on growing… US housing market continues to grow…
While CMHC and others move towards quantifying data around foreign investment in Canada’s housing market, it is important those efforts not be seen as open season on international buyers, caution analysts.
Chinese investors are increasingly in the know come time to select the next best real estate market, with a new report on their preferred U.S. locations offering Canadian investors a roadmap.
Investors in acquisition mode should allow for the municipal land transfer tax as two of Toronto’s three mayoral candidates have made it clear that its reduction or elimination will not be an option after the election.
It’s a foolproof cheat sheet for landlords investing in condo buildings: look no further than the retail spaces underpinning those highrises for clues revealing the type of tenant that you’ll likely attract.
Perkins Coie is pleased to announce that Devin P. McComb has joined the firm’s Seattle office as a partner in the Real Estate & Land Use practice
Grimsby skyline to be reshaped by tallest buildings in city: two-tower residential complex
Connect Asset Management Challenges the Financial Community to Invest in Downtown Toronto Real Estate for a Good Cause