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Showing posts from May, 2019

A glass of wine a day is the latest condo incentive being used by Vancouver developers

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http://bit.ly/2K9RAVJ Vancouver developer Wesgroup Properties is offering those who sign up for a new riverfront development a $1,500 gift card, enough for roughly one bottle of wine a week for a year. from Toronto Star | BUSINESS | REAL_ESTATE http://bit.ly/2HLmdO4 via IFTTT Need a mortgage?: Mortgages Victoria

‘Dirty money’ in Vancouver laundering scheme proves tricky to tally

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http://bit.ly/2JmC9d6 A closer reading of the studies underlying the announcement that more than $7 billion was laundered in a single year through the province shows there’s little hard evidence of actual money laundering, and even then, the amounts could be much smaller. from Toronto Star | BUSINESS | REAL_ESTATE http://bit.ly/2Hr0pr8 via IFTTT Need a mortgage?: Mortgages Victoria

Canadian home sales jump in April as markets stabilize

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http://bit.ly/2E717IX The number of homes sold rose 3.6 per cent compared with March, on a seasonally adjusted basis, the Canadian Real Estate Association said Wednesday in a statement. from Toronto Star | BUSINESS | REAL_ESTATE http://bit.ly/2WJU9RG via IFTTT Need a mortgage?: Mortgages Victoria

RioCan plans its first CMHC-backed financing for Toronto rental

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http://bit.ly/2HdGbAR Toronto-based RioCan plans to borrow about $200 million of Canada Mortgage and Housing Corp.- backed financing from a bank for their 36-storey rental tower at Yonge and Eglinton, dubbed eCentral. from Toronto Star | BUSINESS | REAL_ESTATE http://bit.ly/2Hf8oaE via IFTTT Need a mortgage?: Mortgages Victoria

Billions in dirty cash helped fuel Vancouver’s housing boom, reports show

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http://bit.ly/2VYfPfy The startling findings from two reports released by the provincial government Thursday illustrate how a torrent of suspicious cash has fuelled casinos, luxury car sales and real estate in the Pacific Coast region. from Toronto Star | BUSINESS | REAL_ESTATE http://bit.ly/2Va2hJG via IFTTT Need a mortgage?: Mortgages Victoria

Peerage Realty buys luxury realtor Sotheby’s Canada

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http://bit.ly/2YdAzNO Peerage, which owns Christie’s and Chestnut Park, expects to close the deal May 17. from Toronto Star | BUSINESS | REAL_ESTATE http://bit.ly/2YndYyJ via IFTTT Need a mortgage?: Mortgages Victoria

Risks are receding in Canada’s housing market, agency says

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http://bit.ly/2GWcp3m CMHC lowered its assessment of the overall vulnerabilities in the national market to ‘moderate’ from ‘high.’ from Toronto Star | BUSINESS | REAL_ESTATE http://bit.ly/2J4ZmQU via IFTTT Need a mortgage?: Mortgages Victoria

Mississauga straw bale house listed for $2.7 million

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http://bit.ly/2Yg9WIp Built about 20 years ago as a sustainable, non-toxic environment, the home consists of three individual apartments together under a single roof. from Toronto Star | BUSINESS | REAL_ESTATE http://bit.ly/2Wsb9vF via IFTTT Need a mortgage?: Mortgages Victoria

New condo sales hit 10-year low

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http://bit.ly/2IUVeCW It was a busy construction season but most of those buildings were sold in 2017 and 2018, says market tracker Urbanation. from Toronto Star | BUSINESS | REAL_ESTATE http://bit.ly/2GVkQxb via IFTTT Need a mortgage?: Mortgages Victoria