New York City is getting an additional tool to crack down on real estate flippers. The new tool is just one of the few ways the city is letting speculators know they aren’t welcome.
Global wealth migration is accelerating, but wealthy families (and their real estate dollars) aren’t as interested in moving to Canada as they used to be.
The process of buying US and Canadian real estate is going to become even easier for wealthy Chinese buyers. Juwai, China’s largest overseas property portal, is teaming up with a high net-worth investment association, to develop a stronger overseas real estate investment eco-system.
China is dealing with some of the world’s most ruthless real estate speculators. Here are some lessons Canada should take away.
Due to my background, I’m invited to quite a few privileged conversations. One of those occurred a few months ago, when a Beijing-based money manager sent my office an email, and asked if I could meet him in Toronto for coffee. He was fairly vague, but said he just wanted to have a casual conversation […]
Toronto and Vancouver now rank amongst the most expensive real estate in the world, here’s where they are in contrast to other wealth hubs.
The world’s largest real estate buyers are still short on cash, as China’s improved capital controls sent reserves to a 9 month high.
Global real estate prices are on the rise, and Canada’s leading the pack according to the IMF…it’s not a good thing.
China’s capital outflows continued to rise, and expect that number to accelerate soon as new anti-money laundering measures are rolled out.
Don’t expect Mainland Chinese real estate investors to make it rain in 2017. At least, not to the extent they did last year.