It’s almost spring, and you know what that means? That’s right! Tracking the annual migration of the world’s richest people! 82,000 High Net-Worth Individuals (HNWI) migrated in 2016, and a new report from New World Wealth tells us where they’re moving too, where they’re moving from, and some of the reasons why. Where Are They […]
Hong Kong Venture Buys Vancouver’s Hotel Georgia For CA$145 Million
Hong Kong based investors have created a newly formed joint venture to purchase Vancouver’s historic Hotel Georgia, here’s the details.
1 In 5 Canadian Homeowners Commits Mortgage Fraud, Says Top Broker
Scott Nazareth, one of Canada’s top mortgage brokers estimates 20% of Canadians are committing mortgage fraud to qualify for homeownership.
Canadian Consumers Set A New Debt Record, Over $2 Trillion
Canadian real estate helped drive consumer debt levels so high, it would take the net worth of the 9 richest people in HISTORY to pay it off.
CMHC Helps Build Another Vancouver…In Beijing. Ironically, It’s Also Half Empty
Vancouver real estate is so sought after in China, they built their own! Complete with concrete replicas of the city’s historic homes.
OECD: Expect A ‘Disorderly’ Housing Correction In Toronto and Vancouver
Latest report from the OECD says a correction in Canadian real estate “threatens the financial stability” of Canada.
Timberrr…Vancouver Real Estate Selling For Less Than Purchase Price
Vancouver real estate begins listing for a loss. The strangest part? These three homes were all purchased less than a year ago.
What Bubble? Vancouver Condo Lists For $58M
The penthouse at 277 Thurlow Street just listed for $58.8 million. If it sells near there, it’ll set a new record for Vancouver real estate.
CSIS Warns of Chinese Influence On Canadian Real Estate…20 Years Ago
The 20 year old RCMP and CSIS report Sidewinder, warned China was purchasing Canadian real estate to control the economic levers of Canada.
Tracking The Future of Canadian Real Estate Using Wage Growth
We take a look at hourly wage growth in Canada, and how it might be an indicator of the future of Canadian real estate.