By JOE McDONALDAP Business Writer BEIJING (AP) — A Chinese central bank official says the country’s vast real estate industry is recovering from a slump triggered by tighter debt controls. Those controls led to a wave of defaults by developers that rattled global financial markets. The official, Pan Gongsheng, mentioned…
Tag: real estate articles today
The Saskatchewan Realtors Association says the real estate market is ‘resilient’
Saskatchewan’s real estate market remains resilient, but supply levels are a major concern. According to a report by the Saskatchewan Realtors Association (SRA), pullbacks in both the attached and detached sectors resulted in 631 sales being recorded across the province in January, a year-over-year decline of nearly 16 per cent….
Toronto real estate investment property with current tenants
#GTAHomeHunt is a weekly series from the Star that gets into the details of real estate listings in Toronto and the Greater Toronto Area. Have a tip? Email us at [email protected] Prices: $950,000 Neighborhoods: Mount Dennis X-factor: Conveniently located and competitively priced, this detached house, divided into three rental apartments,…
Lethbridge business community sees real estate reviving in 2023
LETHBRIDGE, Alta. – The last several years have been tough on Lethbridge businesses both big and small but a new report suggests the buildings that businesses own are growing in value. The report, published by Avison Young, said that investment in commercial real estate has been stagnant to start 2023,…
For affordable housing, it takes a team – Greeley Tribune
FORT COLLINS — Making housing more affordable takes a team approach, panelists agreed Wednesday at BizWest’s 2023 Northern Colorado Real Estate Summit Wednesday. “The problem of affordable housing is very solvable in Northern Colorado, but you can’t do it yourself,” said Jammie Rabin, co-owner of Loveland-based Aspen Homes. “You have…
Anaheim hotel sales near Disney hint at larger hotel ahead – Orange County Register
Two aging hotels in Disney’s resort district in Anaheim could meet the wrecking ball after an Irvine investor paid just over $20 million for both properties. In late June, the 60-year-old Budget Inn in Anaheim sold for $12 million to Sunstone Development, according to property records. The Mogharebi Group brokered…
Buying Property For Airbnb – How to Get Started
It’s undeniable that Airbnb properties have the potential to generate huge rental returns, but unfortunately, this potential alone will not boost your bank balance. As I’m sure you’ve already gathered, with successful short-term letting businesses, location is everything! Now, although Airbnb is famous for having rental properties in pretty much…
Muskoka Waterfront Market Takes A Buyer-Friendly Turn
On par with nationwide trends, regions in Ontario’s cottage country saw a jump in new listings in May, giving buyers more choices and more leverage as the market continued to approach a place of balance. This is according to new figures from the Canadian Real Estate Association (CREA), which shows…
Private real estate investor Hazelview sees a surge in requests to cash out of a $1.2-billion Four Quadrant fund
Open this photo in gallery: Toronto’s Financial District on Dec 2, 2022.Fred Lum/the Globe and Mail Hazelview Investments, a private money manager who specializes in commercial real estate, is experiencing a surge of investor requests to cash out of its Four Quadrant fund – a common problem for private investment…
The housing market is so detached from fundamentals that a leading research firm predicts the pause in home price declines is about to ‘prove temporary’
Back in early Januaryeconomists at Capital Economics put out a report arguing that US housing market demand had finally bottomed out following last year’s mortgage rate induced pullback. Not long after that report was published, housing metrics began to show a bounce back as the 2023 spring housing market came…