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Canadians are buying $19.8-billion of residential real estate in U.S.

March 9th, 2013

Canadians are buying $19.8-billion of residential real estate in U.S.

"The Canadian real estate market has performed well since the recession," said Jason Mercer, senior manager, market analysis at the Toronto Real Estate Board.
"The Canadian real estate market has performed well since the recession," said Jason Mercer, senior manager, market analysis at the Toronto Real Estate Board.

According to the most recent study released by the National Association of Realtors, Canadians made up the lar ...

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Posted in International

U.S. Existing-Home Market Ends the Year With a Sharp Increase in Prices

February 26th, 2013
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Posted in International

U.S. real estate continues to draw snowbirds looking for good deals

February 22nd, 2013

U.S. real estate continues to draw snowbirds looking for good deals

 

“People are still finding good deals and buying U.S. real estate,” says Tannis Dawson, senior specialist of tax and estate planning at Investors Group in Winnipeg.
John Woods for Postmedia News“People are still finding good deals and buying U.S. real estate,” says Tannis Dawson, senior specialist of tax and estate planning at Investors Group in Winnipeg.

A strong loonie and the soft U.S. housing market continues to inspire Canadi ...

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Posted in International

Cheap Digs: Squatter Claims Ownership of $2.5 Million Florida Mansion

January 28th, 2013

Cheap Digs: Squatter Claims Ownership of $2.5 Million Florida Mansion

Squatter in Boca Raton home
Bill Ingram / MCT / ZUMA PRESS

This waterfront home in Boca Raton, Fla., photographed on Jan. 25, 2013, is being occupied by a 23-year-old squatter named Andre Barbosa.

A $2.5 million South Florida mansion has been taken over by a crafty squatter and the ...

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Posted in International

Canadian snowbirds still eyeing Florida real estate

January 28th, 2013

Canadian snowbirds still eyeing Florida real estate

The survey shows that Canadian buyers account for 31 percent of international buyers in Florida, down slightly from recent years.  About half of them buy condos, as opposed to single family homes or townhouses, and most intend to spend 3-6 months of the year there.

The survey shows that Canadian buyers account for 31 percent of international buyers in Florida, down slightly from recent years.  About half of them buy condos, as opposed to single family homes or townhouses, and most intend to spend 3-6 months of...

Published on January 28, 2013
Morgan Lowrie  RSS Feed

Advice for Westmounters interested ...

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Posted in International

America's most expensive homes

January 11th, 2013



These are the year's most expensive homes on the market as provided by Trulia.com. They're not necessarily massive; some of them are spacious New York penthouses without enough square footage to even qualify as a mansion.

We'll start with the number 10 home, a penthouse priced at $60 million, and work up to the most expensive mansion of the year. W ...
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Posted in International

It’s not too late to buy cheap property in the U.S. Sun Belt

January 2nd, 2013

It’s not too late to buy cheap property in the U.S. Sun Belt

Joe Raedle/Getty Images
Joe Raedle/Getty Images Canadians represent 25% of foreign real estate purchasers in the U.S., whether in Miami, or the rest of Florida, or Texas, Arizona and California.

You’ve probably missed the bottom of the U.S. housing market, but the question for Canadians is whether it’ ...

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Posted in International

U.S. housing climbs as Canada loses altitude

December 13th, 2012

U.S. housing climbs as Canada loses altitude

 

Housing activity in the United States is gearing up while Canada’s residential real estate market appears to be in for a soft landing, Bank of Nova Scotia economist Adrienne Warren says in a new research note.

While average prices in the U.S. are still about 30 per cent lower than their 2005 peak, the long road to recovery has begun. Real home pr ...

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Posted in International

0 'I'Ll Set The Record Straight Over Real Estate'

October 22nd, 2012
0

'I'Ll Set The Record Straight Over Real Estate'

By NEIL HARTNELL

SOURCE:Tribune Business Editor

nhartnell@tribunemedia.net

Disgruntled investors have told the Canadian government that “the Bahamas justice system appears to be stuck in neutral” in handling their complaints over a $52 million real estate development, blasting perceived ‘inaction’ by both the current and former admin ...

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Posted in International

US home construction up 15 per cent in September to 4-year high

October 21st, 2012

US home construction up 15 per cent in September to 4-year high

 

Building permits also up

US home construction up 15 per cent in September to 4-year high
 

In this Friday, Sept. 21, 2012, photo, new homes are constructed in Edmond, Okla. U.S. builders started construction on single-family homes and apartments in September at the fastest rate since July 2008, a further indication that the housing recovery is strengthening. The Commerce Department s ...

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