Canada is world’s fifth most prosperous

Canada has ranked fifth in a league table of the most prosperous countries but there are some risks which could topple its position. London-based think tank Legatum Institute ranks New Zealand, Norway, Finland and Switzerland above Canada with Australia just behind and the US in 17th place. However, health and education are two areas where […]

Chinese developer Greenland makes its first purchase in Canada — a Toronto condo project

Greenland Holding Group Co., a Shanghai-based developer owned by the Chinese government, said it bought King Blue, a two-tower condominium project in Toronto, its first purchase in Canada. Greenland Holding bought the planned development, which includes 44 and 48-story towers, from closely held Easton’s Group of Hotels Inc. and The Remington Group Inc. for at […]

Welcome to the world’s most expensive apartment: $440-million penthouse comes with chauffeur, caterer and infinity pool

More from The Telegraph Realis/SCI Odeon via BloombergThe penthouse and pool area of the Tour Odeon residential apartment block, developed by Groupe Marzocco SAM, in Monaco, France. Even by the sky-high standards of Monaco, a penthouse at the top of the Odeon Tower is set to fetch a vertiginous price, according to developers. Tour Odeon, […]

Leaving the city (and the big mortgage) behind – Ask a Vancouver Mortgage Broker

Slightly more than three years ago, I sat down with my wife after a lousy commute and discussed why we were still in Toronto. Sure, she had a good job in the city, but I was freelance, and with two young children in elementary school, we pondered whether there were other options. The positives were […]

Record home building in Canada drives spike in building permits – ask a Vancouver mortgage broker

Record Canadian housing construction led a faster-than-expected gain in building permits in January, government data showed one day after the central bank predicted a soft landing in the country’s real estate market. North America’s top 20 housing markets: Vancouver, Toronto, Calgary among most expensive Is Canada’s market overheated? Here’s a look at the prices in […]

What to disclose when selling a home where someone died – As a Vancouver Mortgage Broker

To avoid a lawsuit it is best to let buyers know whether a death has occurred on the property. By: Mark Weisleder Real Estate, Published on Fri Feb 15 2013 There are interesting legal issues about what should or shouldn’t be disclosed when a house is sold, including whether someone has died in the house. A column last month […]

Sale of broker book marks industry maturity

By Vernon Clement Jones The transfer of an established portfolio from one broker to another is offering encouragement to industry veterans convinced their years of service to the client have a significant and very tangible value. “We bought the database,” said Mindy Small, one of two partners at Summerside Mortgages – The Mortgage Centre, in […]