Trending This Week: Toronto Rental Scam, Ontario Election, Global Luxury Market

trending

Toronto

Homes Are Selling Faster Than Average in These Toronto Neighbourhoods (Toronto Storeys)

Despite slower year-over-year sales figures in the Toronto real estate market, sales in some Toronto neighbourhoods remain red-hot.

People Are Getting Caught In A Toronto Rental Scam, Here’s How You Can Avoid That (Toronto Storeys)

People are falling prey to a sophisticated rental scam in Toronto. Please share this story so it doesn’t keep happening. (Toronto Police Service is investigating.)

Landlords Do NOT Have To Put On Air Conditioning Yet, Despite Heat Wave (Toronto Storeys)

It may be hot outside, with temperatures hovering around 30 C — not including the Humidex, but it could get even more heated between tenants and landlords than it is in the sun.

Toronto Road Closures, Walks, Festivals And More To Watch For This Weekend (Toronto Storeys)

Well, Toronto has another busy weekend in store, filled with events, festivals and of course, road closures. So here’s your guide to having a great weekend in Toronto — and hopefully, traffic-free.

Want Free Weekly Toronto Market Insights? Sign-Up To Toronto Storeys’ Newsletter Now (Toronto Storeys)

Toronto Storeys is excited to announce its all-new, exclusive weekly market insights, powered by Zoocasa — available only to our newsletter subscribers. Now you can stay up-to-date with some of the latest inside information. Don’t want to miss out? Sign up now — for free.

Canada

Ontario Election 2018: Here Are Party Leaders’ Plans For Affordable Housing (Toronto Storeys)

Toronto Storeys asked party leaders their plans for our affordable housing crisis. Here they are.

Canada’s taxman becoming more aggressive with real estate tax evasion in hot Vancouver and Toronto markets (Toronto Star)

In Vancouver and Toronto’s hot real estate markets, property owners “try to trick the Canada Revenue Agency” all the time, but over the past two years Canada’s taxation authority has become more aggressive at rooting out tax evasion.

Shelly Ingram says she never gets used to the sound of mice falling through the gaping hole in her bathroom ceiling and landing with a thump in her empty bathtub. Still, she and her partner consider themselves lucky. That’s how bad things have become.

United States

The ‘State Of The Union’ Of Real Estate Investing (Forbes)

In a year of unprecedented market volatility, real estate remains widely regarded as one of the safest investments you can make. Real estate has long been the bedrock of wealth creation in the United States, but there are various ways to invest in the market with different risk and opportunity profiles associated with each deal.

The Latest Real-Estate Trend? Coloring Books for Grown-Ups (Wall Street Journal)

Looking for that perfect country cottage? Or is a grand Victorian more your style? Whatever your taste, here’s a chance to create the home of your dreams. Just break out the crayons.

International

CRE Defies Rising Tide of Global Debt Levels (National Real Estate Investor)

The International Monetary Fund (IMF) has been sounding warning bells about the high levels of global debt. But U.S. commercial real estate has been defying that trend, which could make the sector even more attractive as a “safe haven” for global capital.

Where Do Luxury Markets Stand in the U.S., U.K., U.A.E. and Australia? (Mansion Global)

The global luxury real estate market has had a good run recently.

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