Canadian luxury market beginning to normalize: Engel & Völkers

Trends like multigenerational living, buying second homes and moving to more rural areas may remain popular in the Canadian luxury real estate market for the long haul, according to Engel & Völkers 2021 Mid-Year Canadian Luxury Real Estate Market Report. Trends like multigenerational living, buying second homes and moving to more rural areas may remain … Read more

All that glitters isn’t gold: When luxury real estate fails

Luxury residences offer a promise of refinement and pedigree to their residents. Elegant chandeliers, coveted balconies and other exclusive amenities are often just a few of the attractions that draw in buyers. But, it’s surprisingly not uncommon for luxury condos to later reveal glaring construction defects after the veneer has worn off. This alarming, yet … Read more

More than half of all renters are planning a post-pandemic move

Renters surveyed by property management software company Entrata cited cost and space-related reasons as their biggest impetus for moving over the past year. Property investors rode a wild wave during the pandemic, with the short-term rental market stopping, then restarting, and property prices in many second-home markets soaring. What does the future hold for new … Read more

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