Don’t expect Mainland Chinese real estate investors to make it rain in 2017. At least, not to the extent they did last year.
This Week’s Top Stories: Sydney Sees A Boom In Second Homes, Toronto’s Home Flippers Are In Full Force, and Bank of Canada Flags Traditional Mortgages
The über rich are flocking to Sydney for second homes, 7% of Toronto homes sold were owned less than a year, and BoC finds mortgage problems.
China’s Massive International Real Estate Buying Spree Is Officially Dead
Love it or hate it, but don’t expect to see the flood of Mainland Chinese real estate buyers you saw this time last year.
Capital Controls Continue To Halt Mainland Chinese Real Estate Buyers
China’s FX reserves hit a five month high, and real estate markets dependent on Mainland Chinese buyers are noticing the lack of spending.
China’s Capital Outflows Just Reversed, Bad News For Global Real Estate
The world’s greatest international real estate binge might be over, as China reports significantly less money left the country last month.
The World’s Richest People Are Migrating, Here’s Where They’re Moving (and Leaving)
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 […]
The $6.6 Trillion Dollar Real Estate Bubble Brewing In The Commonwealth
Canada, Australia, New Zealand, and the UK are building a consumer debt bubble that dwarfs China, and it’s built around real estate.
The True Cost of Having A Royal Family: Pricing Our Monarchy
To kick off Will and Kate’s royal tour of Canada, we break down just how much the Monarchy costs countries in the Commonwealth.