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Keeping Canadian Real Estate Market on Cruise Control

Among major economies, Canada was able to weather the global economic fallout better than the rest. Economic experts attribute this resiliency of the Canadian economy to its well-regulated and conservative monetary policies.

The Great Comeback of Luxury Properties

Recreational and luxury properties were the hardest hit when real estate markets took a nosedive a few years back.

The Great Comeback of Luxury Properties

Recreational and luxury properties were the hardest hit when real estate markets took a nosedive a few years back. The global financial crisis had led to the downfall of a lot of property development projects. In fact, most industry experts had described the high-end segment of the real estate market as one “enormous sinkhole.” Faced with increasing construction cost, tight financing and dwindling sales, a lot of development projects went down the drain even before they could enter the market.

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