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Canada’s luxury real estate market is on fire. Can the foreign homebuyers’ tax cool it? Erica Alini © Photo: Sotheby's International Realty Canada The recent sale of a $12.9-million penthouse at the Ritz-Carlton Residences in Montreal was the priciest on record for condominiums sold through Multiple Listing Service system in Quebec. Canada's pandemic real estate craze goes all the way to the top, according to new data compiled by Sotheby’s International Realty Canada. The report, which tracks sales of properties priced over $1 million, $4 million and $10 million, show...

Article content This renovated and restored mansion in Westmount is listed at $11,750,000. Courtesy of Sotheby's International Realty Canada The Bank of Canada has estimated Canadians saved an additional $180 billion during the pandemic, mostly by high-income and upper-income households. While much of this wealth is currently just sitting in bank accounts, some of these savings are probably earmarked for real estate purchases. At the same time, the baby boomer generation is beginning to loosen the purse strings to pass on some of the wealth they have accumulated to their heirs. In 2018, th...

  OTTAWA -- Some real estate experts and would-be homebuyers are calling for an end to “blind bidding” as a way of cooling what they say is an unsustainable housing market. Karen Scutt is in the market for a new home in Toronto and placed an offer $100,000 above the asking price of a $1.8-million home, only to find out within minutes that she was out of the running as someone had bid upwards of $400,000 more than the asking price. “They're pricing the houses so much under what they want that even if the listing is in your range, you're already resolved that you're not going to get ...

AstroNova to Present at 23rd Annual Needham Virtual Growth Conference AstroNova to Present at 23rd Annual Needham Virtual Growth Conference AstroNova, Inc. (NASDAQ: ALOT), a global leader in data visualization technologies, today announced that Gregory A. Woods, President and Chief Executive Officer, and David S. Smith, Vice President, Treasurer and Chief Financial Officer, will be presenting at the 23 rd Annual Needham Virtual Growth Conference on Thursday, January 14, 2021, at 11:30 a.m. (ET). A live audio webcast of the AstroNova presentation will be available at https://wsw.com/webcast...

Invacare Corporation (NYSE:IVC) a leading manufacturer and distributor of medical equipment used in non-acute care settings, today announced its conference