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The #1 UHNW Real Estate News Source
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This $8 million Oregon Estate Was Custom Built For Car Collectors

This $8 million Oregon Estate Was Custom Built For Car Collectors | Real Estate Report | Scoop.it
Set on 20 acres in West Linn, the auto-centric mansion includes a 12-car showroom, a mechanic shop, and a game room styled as a working 1950s diner.
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Today, 7:33 PM
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David and Victoria Beckham Buy $80 Million Miami Beach Spec House

David and Victoria Beckham Buy $80 Million Miami Beach Spec House | Real Estate Report | Scoop.it
The power couple is reportedly under contract to purchase a Choeff Levy Fischman-designed home on North Bay Road overlooking Biscayne Bay.
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Today, 1:51 PM
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Gap Between GTA Population Growth And Housing Stock Hits 50-Year High

Gap Between GTA Population Growth And Housing Stock Hits 50-Year High | Real Estate Report | Scoop.it
The gap between the growth in GTA housing stock and the region's population is the widest it has been in over 50 years, according to the Building Industry and Land Development Association's (BILD's) 2024 GTA Municipal Benchmarking Study.Back in 1972 — the year this data began being collected — th
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Here's How Canadian Condo Amenities Rank in 2024

Here's How Canadian Condo Amenities Rank in 2024 | Real Estate Report | Scoop.it
To analyze the rise and fall of amenities in new builds, Spark has once again surveyed a panel of industry experts to discover what they’re seeing in the market. Here's what they learned for 2024.
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Today, 1:50 PM
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High Vancouver Land Costs Pushing Condo Projects To Suburbs

High Vancouver Land Costs Pushing Condo Projects To Suburbs | Real Estate Report | Scoop.it
​The City of Vancouver is leading the region in rental housing starts, while condominium developments are moving out to suburbs like Burnaby and Surrey.
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Why Developers See Penticton As The Okanagan Valley's Next Hotspot

Why Developers See Penticton As The Okanagan Valley's Next Hotspot | Real Estate Report | Scoop.it
​Penticton, located south of Kelowna in the Okanagan Valley, has seen more and more interest from both buyers and developers in the past few years.
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Today, 1:49 PM
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Toronto Rental Starts Slashed In Half, Says CMHC

Toronto Rental Starts Slashed In Half, Says CMHC | Real Estate Report | Scoop.it
In spite of government initiatives specifically designed to get more purpose-built rental off the ground, rental housing in Toronto took a major hit in the first half of 2024, new data from Canada Mortgage and Housing Corporation shows. CMHC reported on Thursday that total housing starts across th
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Toronto Ranks 5th Most At Risk Globally For Housing Bubble

Toronto Ranks 5th Most At Risk Globally For Housing Bubble | Real Estate Report | Scoop.it
There are three main factors that drive housing bubbles: rampant speculation, limited housing, and lowering rates. So, it's no surprise that Toronto just ranked fifth in the world for being at risk of a housing bubble, according to the 2024 UBS Global Real Estate Bubble Index report.Nestled i
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Metro Van Real Estate Market Defined By "Persistent Weakness"

Metro Van Real Estate Market Defined By "Persistent Weakness" | Real Estate Report | Scoop.it
Is this the calm before the storm? Maybe and maybe not, according to new statistics and analysis published by both the Fraser Valley Real Estate Board (FVREB) and Greater Vancouver Realtors (GVR) on Wednesday. Sales in both real estate board regions are notably lower than they were this time las
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September Sees Slight Increase In GTA Home Sales

September Sees Slight Increase In GTA Home Sales | Real Estate Report | Scoop.it
A true market rebound is likely still a ways off, but signs of life were detected in the GTA housing market this September, according to the Toronto Regional Real Estate Board's (TRREB's) latest Market Watch report. In the latest incline on the relatively flush rollercoaster of GTA home sale
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65% Of Small Toronto Condos Are Investor-Owned

65% Of Small Toronto Condos Are Investor-Owned | Real Estate Report | Scoop.it
In light of Toronto and Vancouver's condominium conundrum, where prices for shoebox units remain high despite plummeting sales and rising inventory, Statistics Canada has released data demonstrating the role that investors may play in the issue.According to StatsCan, investors owned 65% o
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Toronto Ranks Highest For Cranes In North America (Again)

Toronto Ranks Highest For Cranes In North America (Again) | Real Estate Report | Scoop.it
Almost as ubiquitous in Toronto as the noble racoon, construction cranes are a fixture of the city's skyline. Back in Q3 2023, Toronto had the most operating cranes out of any North American city — a staggering 240 — really just sticking it to Seattle, which had held second place with 45 cranes
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Average 2-Bed Rent Could Hit $5,600/Month In Toronto By 2032

Average 2-Bed Rent Could Hit $5,600/Month In Toronto By 2032 | Real Estate Report | Scoop.it
If you think your rent is too damn high already, you may want to take a seat while we tell you that, according to a recent study from Concordia University, average rent for a two-bedroom apartment in Toronto could reach $5,600 a month just eight years from now. The study, released last Wednesday
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High Interest Rates Resulted In 30,000 Fewer Housing Starts In 2023

High Interest Rates Resulted In 30,000 Fewer Housing Starts In 2023 | Real Estate Report | Scoop.it
​According to modeling by the CMHC, interest rates decreased housing starts by about 30,000 units, a decline of 10 to 15%.
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Today, 1:45 PM
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Burnaby Considering Easing City-Wide Inclusionary Rental Policies

Burnaby Considering Easing City-Wide Inclusionary Rental Policies | Real Estate Report | Scoop.it
​Potential changes include applying inclusionary rental requirements only to strata projects and reducing the requirement from 20% to 10%, among others.
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Numbers Behind Mortgage Switching To Change Amid OSFI’s New Rules

Numbers Behind Mortgage Switching To Change Amid OSFI’s New Rules | Real Estate Report | Scoop.it
​Eliminating the stress test from renewals with a new lender not only makes things easier for borrowers, but facilitates more competition in the financial sector.
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Today, 12:48 PM
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What you need to know about the GST/HST new housing rebate

What you need to know about the GST/HST new housing rebate | Real Estate Report | Scoop.it
The HST/GST new housing rebate can help Canadian home buyers recover some of the sales tax they pay on a new builder home or substantial renovation
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What you need to know about land transfer tax in Ontario

What you need to know about land transfer tax in Ontario | Real Estate Report | Scoop.it
Learn how the land transfer tax (LTT) works in Ontario, including marginal tax rates, calculations, exemptions and potential rebates
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Today, 12:46 PM
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Record rental construction drives new housing starts

Record rental construction drives new housing starts | Real Estate Report | Scoop.it
Rental housing also made up 47% of apartment starts
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Today, 12:31 PM
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3 Financial Moves You Shouldn't Make When Buying a House

3 Financial Moves You Shouldn't Make When Buying a House | Real Estate Report | Scoop.it
America’s current housing market is extraordinarily competitive and tricky, not to mention rather expensive. As such, you need to be smart and frugal with your finances when making the massive financial commitment of buying a home.
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Today, 10:08 AM
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Where landlords will be hardest hit by a rise in capital gains tax

Where landlords will be hardest hit by a rise in capital gains tax | Real Estate Report | Scoop.it
Landlords can expect to lose tens of thousands of pounds if a feared capital gains tax (CGT) rise becomes reality later this month. Those who bought a property in the past five years could be hit particularly hard — they risk making a loss in real terms if the tax increase comes into effect after years of rampant inflation. Figures crunched for The Sunday Times show that the typical landlord who sold this year in England and Wales had owned their property for about 11 years. They made a gross
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Elon Musk once vowed to ‘own no home’ and sold all of his possessions at one point — but he bought a Texas mansion soon after. Here’s how to invest in real estate without buying property

Elon Musk once vowed to ‘own no home’ and sold all of his possessions at one point — but he bought a Texas mansion soon after. Here’s how to invest in real estate without buying property | Real Estate Report | Scoop.it
Billionaires invest in real estate for a reason.
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Today, 10:06 AM
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Kevin Spacey is allegedly ‘refusing to leave’ his $5.6M Baltimore home after it was foreclosed on due to his ‘many millions’ of dollars in legal bills

Kevin Spacey is allegedly ‘refusing to leave’ his $5.6M Baltimore home after it was foreclosed on due to his ‘many millions’ of dollars in legal bills | Real Estate Report | Scoop.it
The Oscar winner, who was embroiled in sexual misconduct lawsuits, is not sure where he’s going to live.
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Author Robert Kiyosaki says there's 'nothing wrong' with buying a house except he uses debt to buy it and 'pay no taxes' — here are more ways to invest in real estate

Author Robert Kiyosaki says there's 'nothing wrong' with buying a house except he uses debt to buy it and 'pay no taxes' — here are more ways to invest in real estate | Real Estate Report | Scoop.it
Want to be a real estate mogul? Read on.
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Today, 10:05 AM
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Peter Schiff warned Americans that a house can easily become a 'money pit' and he believes that renting is a ‘better option’ for many Americans — is he right on the money?

Peter Schiff warned Americans that a house can easily become a 'money pit' and he believes that renting is a ‘better option’ for many Americans — is he right on the money? | Real Estate Report | Scoop.it
There are ways you can leverage the current real estate market as an investor even if you aren't in the position to buy.
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Curated by Enzo Calamo
Enzo is the CEO of Lugen Family Office, CEO of Medici Family Office, a best selling author, and a social entrepreneur. Enzo is the most trusted Consigliere to several UHNW families and a sought after speaker.