Japanese developers and private equity investors are looking to enter Indian real estate market and could invest at least USD 2 billion over the next three years in residential as well as industrial projects, says JLL. Realty consultant JLL India said in a report that the country is emerging as major investment destination for Chinese and Japanese developers. China’s biggest ...
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Bank of Canada Says Toronto Housing Boom Likely Unsustainable
Toronto homebuyers should not expect the frantic pace and blistering prices of the housing market to continue, warns the head of the Bank of Canada. “Prospective homebuyers and their lenders should not extrapolate recent real estate performance into the future when contemplating a transaction,” Stephen Poloz said Thursday with the release of the bank’s semi-annual financial system review. It was ...
Read More »UN Raises Concern Over Canada’s Persistent Housing Crisis
In a report released Monday, the UN Committee on Economic, Social and Cultural Rights expressed “concern about the persistence of a housing crisis” in Canada and called on Ottawa to bring in a national housing strategy that recognizes the right to housing. The committee also urged Canada to ensure homeless people and other disadvantaged groups have access to the judicial ...
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