Canada’s Home Capital Group Taking Customers from Banks

The Home Capital Group is taking business from larger Canadian lenders including Toronto Dominion Bank and the Canadian Imperial Bank of Commerce, as these lenders are backing away from the non-prime mortgage market that’s currently worth in excess $200 billion.

TD Bank Warns Canadian House Prices Are Overvalued by up to 15%

The Toronto-Dominion Bank, the second largest bank in Canada is worried Canadian house prices are overvalued by between 10% and 15%, and its chief economist thinks the government should be taking measures to slow down lending growth.

Prime Property in U.K.’s Capital Hits Record High

Prime property in London, England has hit a record high. The average asking price of homes in Kensington and Chelsea has hit an average of £2 million due to wealthy buyers from India, China, and Russia. These foreign investors are still targeting London’s real estate due to Britain’s transparent legal system and its reputation as a safe haven.

Singapore Property Goes Flat, But Outlook Is Good Say Analysts

Real estate prices in Singapore were largely unchanged over the previous month, with the country’s property index gaining just 0.2% over the month of July, thanks to the global uncertainty over the US and EU economies. Speaking to the IB Times, Colin Tan of the Chesterton Suntec International consultancy firms explained that the Singapore’s housing

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Orlando Home Prices Rising – Aided By Higher Shadow Inventory Prices?

The Orlando real estate market, contrary to the chatter of mainstream media, is not a vast wasteland of empty homes, with entire neighborhoods devoid of life. Dig a little deeper, talk to individuals who have “boots on the ground”, i.e. realtors, take a closer look at the numbers, and you will see a market which

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Gap Between Elite and Prime London Property Widens

The price of truly elite property in London can increase by as much as £3,000 a square foot merely due to the presence of a doorman. Luxury property or prime property in Britain’s capital can cost anything from £1,000 to £4,000, but according to Knight Frank LLP it is the little touches that elevate a

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Americans Still Consider Real Estate No.1 Investment

Americans have not changed their perception that their home is the best investment they’ll ever make, even in spite of the extended slump in real estate prices, according to the results of a new survey that was released by the Pew Research Center yesterday.

RealtyBizNews: Real Estate Marketing & Beyond