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Real Estate Roundup Global News reported Canada is a celebrity when it come to debts, not only houldhold debts, but also commercial debts that is heavily skewed toward real estate. While the real estate is entering a tumultous era, Vancouver shows off her  most expensive listing ever – $63 millions Belmont Estate, a 21,977 sf home of billionaire Joseph Segal and his wife Rosalie. Meanwhile, HuffPost thinks Kathleen Wynne’s housing bubble cooling measures are way too drastic … Fail? The scariest thing is Housing Bubble is coming back to haunt the U.S. … Can you imagine what is it like for real estate of both Canada and the U.S. to tank at the same time? Indebted Canadians using homes as ATMs 1. Canada Tops Indebtedness Canadians pile up debt faster than anyone in the world Canada accumulating private debt faster than any other advanced economy We all know about Canada’s ballooning household debt. Hardly a day goes by without a headline warning about overstretche...

In the event Hilary Clinton looses the presidential race, Donald Trump-hating Yanks will be relocating to Canada in drove … ‘Moving to Canada ?’ US real estate agent tells Trump, Clinton haters not to worry — he’ll sell their house Image Source

House prices are coming down like “London Bridge is falling down”? Dream on … Housing Bubble or not, all indications suggest no one believes Chicken Little: “The sky is falling!” … Canadian Real Estate Could Still Get Way More Expensive Huffington Post Canada  – ‎Jul 16, 2016‎ Global comparison puts Canadian home affordability in perspective. Image Source

While house prices are soaring, so is unemployment. What can we make up of such a scenario? Can we assume real estate market has nothing to do with economy in reality? Else, how do you explain house prices still going up when more and more people are getting unemployed? On the rise in Hamilton: housing prices & unemployment CBC.ca – Jul 16, 2016 Meanwhile, housing prices here have between June 2015 and ’16 have expanded 13.8%. That’s a faster growth than Toronto’s notoriously … And renters will soon have to live in tents … Rental  bidding wars hitting Vancouver’s rental market

Everyone has a crush for real estate these days … Even people traditionally has nothing to do with real estate, in fact, enemies of the brick and mortar business model – The Geeks: – Google and Facebook employees are flocking to a startup that’s … Image Source Tech Insider – Jun 23, 2016 But it wasn’t a traditional real estate transaction. … Square, Google and Facebook executives have gathered to shake up the real – estate world . eyyy Think you can’t afford to invest in real estate ? Think again

Government’s foreign buyer numbers way off according to Asian real estate conference Asia Real Estate Association of America, Vancouver chapter representatives say the government’s data sample is too low to be accurate. Agents, experts say Chinese buyers account for much more than 3% of B.C. homebuyers China Cash Power A provincial government statement that only 3 per cent of B.C. residential sales are made to foreign buyers and that Chinese nationals represent just 2.5 per cent of Metro Vancouver home buyers drew rolling eyeballs and laughter at the packed July 7 Asia Real Estate Association of America (AREAA) conference in downtown Vancouver.

Recent data from Google Trends has revealed that, immediately after the United Kingdom voted to leave the European Union, there was a huge increase in the number of “move to Canada” searches originating in that country. This closely parallels the search patterns of United States citizens in light of Donald Trump’s success in the Republican presidential primaries a while ago. Google reported that the search term “how can I move to Canada” surged 350 per cent within a matter of hours on Super Tuesday. Donald Trump dodges an attack from a bald eagle named Uncle Sam.  Image Source