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  • October 22, 2014
  • Last updated: 11:47pm
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  1. News - World - CANADA

    Cash from China drives Vancouver’s prime property market to new heights

    Posted Sep 11th 2014, 02:17pm by Reuters in Vancouver

    ... McCredie, chief executive of the luxury-focused property firm. Over the past 12 months, the benchmark price for a detached home in western Vancouver rose 10 per cent to a record C$2.28 million, ... Reuters in Vancouver Vancouver estate agents say money from the mainland is pushing up the price of prime property in the city to levels disonnected from local incomes Mainland investors’ ...

  2. Property - International - CANADA

    Vancouver developer targets world’s wealthy with his ‘52-storey sculpture’

    Posted Jun 17th 2014, 03:16pm by Ian Young

    ... a futuristic-looking high-rise that Gillespie predicted would become a landmark for the city when completed in 2018. The luxury residential tower is being marketed around the world, including Beijing, Shanghai ... Ian Young in Vancouver property,post@scmp.com Developer targets the wealthy with Vancouver House Canadian developer Ian Gillespie was in full spate as he described his vision for Vancouver ...

  3. Property - International - CANADA

    Bank of Nova Scotia chief says fears of housing bubble exaggerated

    Posted Oct 15th 2014, 05:09am by Bloomberg

    ... Bloomberg in Washington Modest credit growth and a stable job market mean fears are overblown while housing gains in Toronto are backed by a bigger population Forget bubble concerns, says Scotiabank chief Canadian concerns about a housing bubble are overb ...

  4. News - World - CANADA

    Rich Chinese immigrants' deception costs British Columbia billions

    Posted Oct 09th 2014, 05:17am by Ian Young

    ... in June. The huge influx of rich Chinese is already a hotly debated issue in Vancouver, which has seen property prices soar. From 2005 to 2012, a total of 29,764 rich Chinese, mostly from ...

  5. News - World - CANADA

    Vancouver mayoral candidate Meena Wong proposes tax on vacant homes

    Posted Sep 12th 2014, 03:03pm by Ian Young

    ... Canada, is the world's most popular destination for wealthy Chinese migrants, who dominate the luxury real estate market in the city, where the average price of a detached home is C$1.2 ... of the left-leaning Coalition of Progressive Electors on Sunday. She did not single out Chinese or immigrants. But a study by Landcor Data found that 74 per cent of all luxury home sales in Vancouver's ...

  6. Property - International - CANADA

    No major changes for housing finance

    Posted Sep 24th 2014, 06:07am by Bloomberg

    ... Bloomberg Canada's Finance Minister Joe Oliver says there will be no dramatic changes while government studies proposals to reduce its role in market No changes for housing finance Canada will not make any sudden changes to the country's system ...

  7. Comment - Blogs - CANADA

    No Chinese, Asiatics or Negroes: racist rules of Vancouver pioneer revealed

    Posted Sep 10th 2014, 08:36am by Ian Young

    ... Ian Young Property tycoon Jonathan Rogers would not be impressed by today’s Chinese-dominated market Vancouver pioneer's racist rules revealed The City of Vancouver that pioneering property magnate Jonathan Rogers helped build was very different from the multi-cultural Canadian metropolis of today, with its soaring property market dominated by rich Chinese buyers. And Rogers ...

  8. Property - International - CANADA

    Demand remains robust as housing costs continue to rise in Canada

    Posted Sep 17th 2014, 05:52am by Reuters

    ... Reuters in Toronto Price increase surprises analysts who have been calling for a slowdown in the housing boom Demand remains robust as housing costs continue rise Canadian home prices rose in August and the pace of 12-month appreciation accelerated, a rep ...

  9. News - World - CANADA

    Red Guards set Meena Wong, Vancouver mayoral candidate, on path to politics

    Posted Sep 14th 2014, 07:19am by Ian Young

    ... to separate Vision and the NPA. Both, she said, are defined by their often too-cosy relationship with the city's wealthy property developers. "The government and the previous government, ... guessed C$300,000 (HK$2.1 million) to C$350,000, but opined that Vancouverites' obsession with asset values was unhealthy. "A property's main usage should be a roof over your head… ...

  10. News - World - CANADA

    Meena Wong, the Vancouver mayoral hope with Hong Kong roots

    Posted Sep 08th 2014, 11:35am by Ian Young

    ... the nation's highest property prices, making it the world's second most unaffordable housing market, behind only Hong Kong. The city, which is 28 per cent ethnic Chinese, has become a magnet ... the right-leaning Non-Partisan Association (NPA) in the past two elections. However, Vision's close relationship with the city's wealthy property developers has fed discontent among Cope members ...




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