Vancouver may have just add another notch to its reputation for being pricey. According to U.S. group Demographia, Vancouver is the third-least affordable city in the world for a home, and construction constraints are to blame for rising home prices there and in other Canadian cities. Wendell Cox, the principal owner at Demographia, which looked […]
If you could rewind 365 days to January 2015, would you short the Canadian real estate market? Given the predictions back then—of an imminent bubble burst and a housing market crash—hedging on real estate losses would’ve been a smart, speculative position. Of course, any active investors who did bet against the real estate market wouldn’t […]
Latest figures show mortgage lending was up 23% compared with December 2014, with demand for property higher than expected in runup to Christmas. Mortgage lending fell in December, but was 23% higher than a year earlier, capping a busy six months in the housing market. Figures from the Council of Mortgage Lending (CML) show the […]
“Investing in Emerging Markets and Kenya’s Real Estate Sector “ During the “2016 Money Show Forum” that was held in Hilton Athens from January 8 to January 10th 2016 the opportunity of investing in emerging markets was presented to the Greek investment community and professionals from mr Kosta Kioleoglou . The Money Show is […]
Global plantation giant, Plantation Capital – a group of associated companies that includes the award-winning Asia Plantation Capital – has now widened its global corporate presence to include Africa Plantation Capital in Kenya, and America Plantation Capital in Florida, USA. This new expansion is to facilitate the group’s major investment into a forestry plantation sector […]
OTTAWA — The new Liberal government on Friday confirmed it is tightening lending rules for residential mortgages, setting a minimum down payment of 10 per cent on the portion of home prices over $500,000. Finance Minister Bill Morneau said homes purchased below the new price ceiling will remain at five per cent. The changes […]
From the beginning of this year, local as well as global financial circumstances have created a very volatile financial environment around the world. Kenya who had recently been upgraded to a middle income economy, with its main support of growth being the real estate sector has been facing some serious turbulence that effected most of […]
For several years now, Kenya’s Real Estate Market has been creating wealth for several investors. Today, the property market in Kenya is representing almost 10% of the country’s Gross Domestic Product and has successfully attracted the majority of investment interest. Thousands of Kenyans are enjoying the positive results of their property investments while millions are […]
New homes purchased up to the end of October 2019 will remain exempt from local property tax (LPT) under a Bill the Government plans to pass into law this week. The proposed legislation would extend the exemption on homes bought from builders and developers, already in place since 2013, for an additional three years beyond […]
ArthaYantra Corporation, a web-based full service financial advisor, in its annual buy versus rent (ABRS) report, said Mumbai and Delhi remain the most expensive cities for both buying and renting a residential property out of 8 top cities it surveyed. While Chennai and Pune are mostly affordable for rentals, people with an annual income of […]
