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Condominium Sales Dominate Canadian Luxury Real Estate
2022 First Quarter Highlights Rising inflation and favourable interest rates continue to strengthen demand for Canadian real estate as a hedge investment. Greater Toronto Area luxury residential sales over $4 million rose 30{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} year-over-year, as City of Toronto $4 million-plus transactions climbed 29{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9}. Condominium sales gains dominated the $1 million-plus market, with annual gains of 120{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} and 72{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} in the GTA and City of Toronto respectively. Vancouver luxury residential sales were capped by the city’s significant inventory deficit, as residential sales over $4 million contracted 14{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} year-over-year overall. Annual percentage gains in $1 million-plus condominium sales surpassed other top-tier housing types at 29{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} with 559 units sold, just shy of…
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With The Addition Of Liv @ MB Condominium, Is Singapore Luxury Real Estate A Solid Investment?
12019 / Pixabay The luxury serious estate marketplace appears to be developing in nations around the world these as The usa and Israel. Liv @ MB Condominium provides to Singapore’s luxurious genuine estate charm. Irrespective of the effects of the Covid pandemic, the luxurious actual estate industry proceeds to develop. Even although the earth economic system is currently dealing with the aftermath of the Covid pandemic, some industries seem to be to be thriving. Several European and Asian serious estate markets have remained stagnant since the outbreak of the pandemic, according to study. For instance, for the duration of the peak of the pandemic profits in China’s largest cities plummeted…