Blog Posts - World Real Estate News



See how Vancouver’s real estate prices have outperformed global cities

Real estate prices in key global cities are rising at a slow, moderate pace, particularly in Europe. According to new research published by international real estate consultant Knight Frank, 35 of the world’s most important cities saw an average pr...

Why Vancouver’s house price increases show no signs of stopping

From Albertan black gold to globetrotting wealth to lucky heirs, big money is flocking to Vancouver real estate and fuelling huge price increases that show no sign of stopping, according to the CEO of Sotheby’s Canada. “You’re not only going to...

New York and Sydney to head 2015 luxury property price rises

New York, USA, is expected to be the top-performing prime city for real estate in 2015, with Sydney, Australia, the only other destination in the Prime Global Cities Forecast to see price rises. Luxury prices across Manhattan are expected to rise 5%-...

Which country has the most overvalued real estate in the world?

The most overvalued residential property in the world is in Norway, a new study reveals. Australian home prices have risen the next highest since 1970, according to the Bank for International Settlements (BIS) Quarterly Review, with Asian prices risi...

The world’s most expensive condo – a mere $440 million!

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, which is under construction and when finished will be the principality’s first skyscraper...

See which is the top US city for Canadian homebuyers

Las Vegas, Detroit and Los Angeles are the top three city targets for Canadian home hunters, with Florida dominating the rest of the 2013 list of online searches on the realtor.com website The United States city in most demand from Canadian homebuyer...

Canada-U.S. house price gap hits a record high

For many years, the Canadian and U.S. housing markets tracked each other fairly closely, but that hasn’t been the case since the U.S. housing bubble burst in the middle years of the last decade. According to an analysis from BMO chief economist Dou...

Why is Vancouver’s real estate so expensive?

Vancouver has been ranked the second most expensive housing market in the world in a report on international housing costs, second only to Hong Kong. The annual Demographia survey looked at 360 housing markets and divided median housing prices agains...

Friday fun: Sleep with the fishes with this amazing aquarium bed!

Love this! At BestHomesBC.com we’re always on the lookout for great new design ideas. They don’t get much better than this … Forget a waterbed, the Aquarium Headboard by Las Vegas-based Acrylic Tank Manufacturing is where it’s...

Want a piece of history? Walt Disney’s US$90-million estate is up for sale!

A mega-mansion built on the former estate of Walt Disney has hit the market for a mind-numbing US$90 million. The Carolwood Estate rests on four acres in Beverly Hills and includes the tunnel Walt Disney built for his steam engine train. Built in 200...

Want a piece of history? Walt Disney’s US$90-million estate is up for sale

A mega-mansion built on the former estate of Walt Disney has hit the market for a mind-numbing US$90 million. The Carolwood Estate, built in 2001 and owned by investor Gabriel Brener, is located in the affluent neighbourhood of Beverly Glen in Los An...

Which are the world’s most expensive housing markets?

Economists continue to watch Canada’s housing market. According to the Canadian Real Estate Association, the average house price climbed to $388,553 in January, which is 9.5 per cent higher than it was last year. But how do Canadian cities comp...

Where is the world’s top property hotspot?

The UK and London are still the leading targets for UHNWIs (ultra-high net worth individuals), while property markets in some cities hammered by the global crash are now prospering and prices are generally rising around the world, according to the 20...

Dubai to Vancouver in 1.5 hours? The super rich may use space travel to expand property portfolios

The world’s wealthiest may look at expanding their real estate portfolio as they may use sub-orbital space travel to reduce travel time, believes Knight Frank. More than 70 wealthy individuals, with a combined wealth of over $200 billion, are inves...

Millionaires see real estate as top investment for 2014

U.S. millionaires see real estate as the top alternative-asset class to own this year, according to Morgan Stanley. About 77 percent of investors with at least $1 million in assets own real estate, according to a survey released today by the New York...

How to make a vacation or investment condo work for you

While condo units are often used as primary homes, they can also be investments or vacation spots. This recent article by Marilyn Wilson in the Ottawa Citizen explores the uses for the extra condo, by which I mean a unit that is not your primary resi...

Where is the world’s most popular luxury property destination?

The world’s most sought-after luxury property destination is Côte d’Azur, France, according to a new report. Prime property in Costa Smeralda, Italy, and St Barts, in the Caribbean, are the next exclusive property hotspots for ultra-high-net-wor...

Where are the world’s most expensive homes?

While many of us live our lives in a small hovel we call home, there are plenty of others at the opposite end of the spectrum, living in some of the world’s most fantastically expensive houses. Some of these properties are available on the open mar...

Where do the world’s millionaires live?

Some 300,000 people joined Asia’s millionaire ranks last year, according to a world wealth report released Wednesday, which also found that the region slipped behind a rebounding North America. The report by CapGemini and Royal Bank of Canada i...

Overseas buyers target high-end Canadian properties

Buyers from China, Russia, the Middle East, India and the United States are expect to be among those looking for high-end homes in major Canadian cities during the fall, says leading agent Sotheby’s International Realty Canada. Over the year to...


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