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Scooped by
Enzo Calamo
Today, 7:36 PM
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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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Scooped by
Enzo Calamo
Today, 7:33 PM
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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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Scooped by
Enzo Calamo
Today, 1:51 PM
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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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Scooped by
Enzo Calamo
Today, 1:51 PM
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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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Scooped by
Enzo Calamo
Today, 1:50 PM
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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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Scooped by
Enzo Calamo
Today, 1:50 PM
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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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Scooped by
Enzo Calamo
Today, 1:49 PM
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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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Scooped by
Enzo Calamo
Today, 1:49 PM
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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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Scooped by
Enzo Calamo
Today, 1:48 PM
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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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Scooped by
Enzo Calamo
Today, 1:48 PM
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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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Scooped by
Enzo Calamo
Today, 1:47 PM
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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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Scooped by
Enzo Calamo
Today, 1:47 PM
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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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Scooped by
Enzo Calamo
Today, 1:46 PM
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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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Scooped by
Enzo Calamo
Today, 1:46 PM
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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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Scooped by
Enzo Calamo
Today, 1:45 PM
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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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Scooped by
Enzo Calamo
Today, 1:45 PM
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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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Scooped by
Enzo Calamo
Today, 12:48 PM
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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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Scooped by
Enzo Calamo
Today, 12:47 PM
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Learn how the land transfer tax (LTT) works in Ontario, including marginal tax rates, calculations, exemptions and potential rebates
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Scooped by
Enzo Calamo
Today, 12:46 PM
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Rental housing also made up 47% of apartment starts
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Scooped by
Enzo Calamo
Today, 12:31 PM
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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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Scooped by
Enzo Calamo
Today, 10:08 AM
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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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Scooped by
Enzo Calamo
Today, 10:07 AM
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Billionaires invest in real estate for a reason.
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Scooped by
Enzo Calamo
Today, 10:06 AM
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The Oscar winner, who was embroiled in sexual misconduct lawsuits, is not sure where he’s going to live.
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Scooped by
Enzo Calamo
Today, 10:06 AM
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Want to be a real estate mogul? Read on.
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Scooped by
Enzo Calamo
Today, 10:05 AM
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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.
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