News

New US Rule on Cash Investments Could Hurt Property Sales in Miami and Manhattan

The new disclosure rule requires title insurers to identify people behind anonymous deals. The decision by the U. S. government to start examining all-cash buyers has added another problem to luxury-home developers and brokers in Miami and Manhattan who are already challenged with sinking prices and slackening demand.

Some Canadian Real Estate Markets Still Strong Amidst Declining Oil Prices

There are still bright spots in the Canadian real estate sector Cheap oil is not always good especially for the real estate markets that are dependent on oil production.

A Special Tax for Property Owners Who Don't Pay Income Taxes in the Area Where Property is Located

A special tax surcharge is proposed for property owners who don't pay income taxes in the area The province might be giving the proposed "Special" real estate tax aimed at owners of properties they don't live in.