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Blog by alexandre sebe

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Foreign investors prominent in Canada's luxury real estate market

April 20th, 2013

Foreign investors prominent in Canada's luxury real estate market.

Toronto has a smaller proportion of foreign buyers in its luxury real estate market, but it still accounts for the bulk of luxury sales to foreigners in the country. Toronto has a smaller proportion of foreign buyers in its luxury real estate market, but it still accounts for the bulk of luxury sales to foreigners in the country. (Sotheby's International Realty Canada )
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Consumer Confidence Increased Slightly But the Proportion of Quebecers Who Feel This is a Good Time to Make a Major Purchase Decreased in March

March 26th, 2013
Consumer Confidence Increased Slightly But the Proportion of Quebecers Who Feel This is a Good Time to Make a Major Purchase Decreased in March

According to the Conference Board of Canada, the overall Consumer Confidence Index among Québec consumers increased in March 2013 compared to the previous month. After decreasing in February, the Index registered a 1.3-point increase in March to reac ...

Why a Cyprus bailout is good for Canadian REITs

March 22nd, 2013

Why a Cyprus bailout is good for Canadian REITs

 

Canadian REITs could be a big benefactor from the crisis in Cyprus, says one analyst. Above, Cypriots in Nicosia line up to try and withdraw their money.
Simon Dawson/BloombergCanadian REITs could be a big benefactor from the crisis in Cyprus, says one analyst. Above, Cypriots in Nicosia line up to try and withdraw their money.

Could a bailout in Cyprus be good for Canad ...

Read the last two posts, how data can be twisted!

March 15th, 2013
Read the last two posts,  how data can be twisted!

Same data, two different stories. 

All my best,

Alexandre Sebe

BMO on housing market: ‘Bubble fatigue? Try buyer fatigue’

March 6th, 2013

BMO on housing market: ‘Bubble fatigue? Try buyer fatigue’

These are stories Report on Business is following Wednesday, March 6, 2013.

Follow Michael Babad and the Globe’s top business stories on Twitter.

Housing won't rebound quickly: BMO
Projections for Canada’s housing market are all over the map. But where Bank of Montreal’s concerned, residential real estate probably isn’t going to ...

Condo insurance: a dripping time bomb

December 14th, 2012
 
 

Condo insurance: a dripping time bomb

 

Condo insurance: a dripping time bomb
 

While there are no statistics documenting under-insurance in condominiums, co-owners, lawyers, insurance brokers and industry officials say it has become a critical and widespread issue in the condo market, the fastest-growing housing sector in Montreal, Toronto and Vancouver.

Photograph by: Susan Ferguson , ...

Are you ready to buy?

November 26th, 2012

Are you ready to buy?

 

Responding to a desire of first-time home buyers to better understand the financial details in the buying process, the Canadian Real Estate Association announced Monday an online tool to guide them through the process.

Called the Homebuyer’s Road Map and created in conjunction with the Financial Consumer Agency of Canada, the guide offers basic advice in s ...

Montreal official testifies that construction companies offered all kinds of goodies, including prostitutes

November 14th, 2012
Montreal official testifies that construction companies offered all kinds of goodies, including prostitutes

Montreal official testifies that construction companies offered all kinds of goodies, including prostitutes
 

Montreal mayor Gerald Tremblay resigned after he allegedly turned a blind eye to corruption in awarding city construction contracts.

Photograph by: Peter Obendrauf , Postmedia files

MONTREAL — A Montreal municipal official was offered prostitutes’ services as a gif ...

Five traps to avoid when buying a condo

October 24th, 2012

Five traps to avoid when buying a condo

SOURCE: Canadian Real Estate Wealth Magazine.

With signs of uncertainty in the market, it has never been more important to analyze your next real estate investment. Jumping into the unknown and hoping for the best is risky business. While this tactic may have worked over the past three years during Canada’s lucrative real estate market, it ...

Are you in the debt danger zone?

October 19th, 2012

Are you in the debt danger zone?

 

For every one dollar Canadians earn in one year, we owe $1.63. The latest figure from Statistics Canada is shocking when you consider that not even twenty years ago we owed less than our annual income.

Economists see the debt-to-income ratio of 163 as a warning sign that the national household debt level will be unmanageable when interest rates eventu ...

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