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…
Tag: real estate news 2018
Looking to buy? Here’s what NB’s housing market looks like this spring
The spring real estate market hasn’t been quite what realtors were hoping for, but “it’s still a seller’s market, for sure,” said Michele Morris, president of the Real Estate Board of the Fredericton Area. There was “a good rush” of spring listings, said Morris, with more than 500 properties, and…
Toronto condo developer’s take on housing demand in the GTA
A Toronto condominium builder says affordability remains a challenge, but there are diversity of housing needs and opportunities in the densely populated region around Canada’s largest city. “The one thing about our condo market in the (Greater Toronto Area), in my mind, it’s not one marketplace. It’s made up of…
Interest Rates Rise in the UK
Given that mortgage rates are set to rise because of the rising interest rates, many buy-to-let investors will be having to pay more on their mortgages as lenders raise their rates to meet the Bank of England’s base rate. It’s worth noting that although the Bank of England is raising…
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…
Bob Pedler, icon in Windsor real estate, dies
An “icon” and mentor in Windsor real estate died Thursday at age 92. Robert “Bob” Pedler, founder and president of Bob Pedler Real Estate, died of complications arising from surgery. “He had a good life,” said his son, Dave Pedler. “He (was) a real icon, a fantastic mentor to look…
Rising Mortgage Approvals a Sign of Positive Market Growth
According to the most recent data released by the Bank of England, the number of mortgage approvals rose for the first time in six months between January and February of this year. This period saw a rise from 39,647 to 43,563, following a sustained decline in the latter half of…
These European castles may cost less than a Montreal home
Breadcrumb Trail Links Real Estate Local News Any real-estate listing that includes “plus a small ruin to restore” has our attention. Published May 22, 2023 • Last updated 3 days ago • 3 minute read We’d consider buying Clashmore House — a castle in the Scottish Highlands — based on…
Read This Before You Decide to Buy or Sell
Real estate prices are still showing signs of cooling off, so now may be a good time to think about getting into the market so you can get ahead financially. But it might be good to review some market trends before you start looking for a new place or wonder…
New home prices fell in most major cities last month, StatCan says. Here’s where – National
New home prices in Canada dropped by 0.2 per cent month over month in January, according to Statistics Canada data released Wednesday. In its latest New Housing Index report, StatCan said higher mortgage rates continued to put downward pressure on new house prices. “Borrowing costs rose again in January, as…