Halifax property sales soar
According to a Colliers International report, the commercial sales volume in 2011 in Halifax was $299 million, and private-equity sales volume was $11.8 million, more than three times the amount transacted in 2010. The most sought-after assets were multi-family building, representing one-third of all sales volume, followed by industrial and then retail properties. Especially prolific were real estate investment trusts …
Read MoreBrazil’s economy overtakes the UK
Brazil’s finance minister said that it has become the sixth largest economy in the world, surpassing the United Kingdom, despite a slowdown in its economic growth. According to the BBC, the National Institute of Economic and Social Research and the Centre for Economics and Business Research confirmed that Brazil’s economy had overtaken the United Kingdom, standing at $2.52 trillion, compared …
Read MoreNova Scotia predicted to help boost growth in home sales
The number of Canadian homes sold this year will outpace 2011 while prices will hold steady in most parts of the country, the country’s largest real estate association said Monday in a rosy revision to its 2012 outlook. The Canadian Real Estate Association said the number of home sales will grow by 0.3 per cent this year to 458,800 from …
Read MoreCanada tops expat survey for best quality of life
While their cost of living has increased compared to five years ago, the quality of life for most expats hasn’t reduced, according to the latest Quality of Life index from NatWest International Personal Banking. Canada has the best quality of life for the third time since the index began and the United Arab Emirates has risen from tenth to sixth …
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