Published by Real Estate Professional by Ephraim Vecina on March 6th 2017

Amid sustained fiscal and political instability across the world, Canada—and its real estate sector, in particular—remains an attractive “safe haven” for enterprising individuals and entities looking to bet on reliable, risk-averse investments. “Skittish capital is being driven to Canada,” CBRE Canada executive vice-president and executive managing director Paul Morassutti said last week, as quoted by…

Published by Real Estate Profession by Ephraim Vecina on March 6th 2017

Canada is one of four countries where loopholes in the law make it easy for corruption in the real estate markets according to a new report. Transparency International analyzed Canada, along with the US, UK, and Australia; and found several weaknesses in regulations and laws which allow money laundering and other issues related to luxury…

Published by Real Estate Professional by Justin da Rosa on February 1st 2017

Red hot housing market sees record condo sales in 2016. A total of 27,271 new condo units were sold across the Greater Toronto Area in 2016, up 34% year-over-year and breaking the previous record set in 2011. “The new condo market is experiencing broad-based demand that will carry forward in 2017”, Shaun Hildebrand, Urbanation’s senior…