There were several times during this week’s Democratic National Convention when delegates could be excused if they thought they’d stumbled into the wrong party’s meeting. For President Obama, one of GOP candidate Donald Trump’s greatest sins was replacing Ronald Reagan’s visionof “a shining city on a hill” with “’a divided ... Read More »
A federal crackdown on tax cheats in Vancouver’s sizzling housing market — which is acting like a flame to speculators, real estate predators and foreign cash flow — has critics calling on B.C. to demand Ottawa do more to help combat the “out-of-control” real estate market. “It’s not clearcut to say that ... Read More »
T. Rowe Price has been managed since its 1997 inception by David Lee, using a strategy that’s focused on the long term and thoroughly grounded in fundamentals. With the help of a small team of analysts, Lee seeks out REITs (and some real estate operating companies) that are managed well, ... Read More »
Short sellers are moving into the UK real estate sector in greater numbers as investor sentiment sours after the referendum, according to Markit. Although shorting interest in the sector has been increasing since the start of the year, it leapt by a further 43 percent once ‘Brexit’ was announced. Bearish ... Read More »
Sales of prime London real estate jumped 38 percent in the week after the U.K. voted to leave the European Union, as a slide in the British pound attracted bargain hunters seeking a rare opportunity to buy the city’s property at a discount. The number of residential real estate sales ... Read More »
A total of AED57 billion ($15.5 billion) was invested in Dubai’s real estate market in the first half of 2016, the latest figures from Dubai Land Department (DLD) show. The figure was invested by 26,000 investors from 149 countries, the DLD said, with GCC nationals contributing the lion’s share – ... Read More »
The Seller Property Information Statement (SPIS) continues to be the single most dangerous document in current use in the real estate market. Since 1997, when the form first came into use, there have been 94 reported Ontario court cases centred on the document. Across the country, the total exceeds 250. ... Read More »
The Kolter Group is finishing the first batch of three-story townhomes in a new gated development in Boca Raton. Kolter said 30 units at Moderne Boca will be ready by late August, and the developer hopes to have 15 to 20 contracts in place by then. Kolter plans to start ... Read More »
ISLAMABAD: The government on Monday showed its intention to retreat from its stance of taxing gains from the property business at fair market value and constituted a committee of stakeholders to find a solution after property transactions came to a halt. The committee would comprise real estate agents, representatives of the ... Read More »
Britain’s second-biggest estate agent has warned annual profits will be well below expectations, blaming uncertainty in the property market caused by the vote to leave the EU. In an unscheduled trading update, LSL Property Services, whose brands include Your Move and Marsh & Parsons, said business slowed in the run-up ... Read More »
In last week’s Notebook, we predicted that multifamily property sales in the Twin Cities metro are likely to eclipse last year’s record for total sales volume and that many of those deals are by well-funded national investment firms. Aeon, a Twin Cities nonprofit organization, has also been an active and ... Read More »
Innovation centres have been popping up around China and are set to more than double to nearly 5,000 in the next five years, according to internet research firm iiMedia. The only problem for local governments is that entrepreneurs are not moving in. Many centres are in small Chinese cities or ... Read More »
