Real Estate

The Future of Luxury Real Estate Is Going Global! eXp Luxury Launches in Australia, New Zealand, South Africa and the United Kingdom

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BELLINGHAM, Wash., Dec. 07, 2023 (GLOBE NEWSWIRE) — eXp Realty, “the most agent-centric real estate brokerage on the planet™” and a core subsidiary of eXp World Holdings, Inc. (Nasdaq: EXPI), proudly announces the continued expansion of its luxury real estate program, eXp Luxury, into the dynamic

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Real Estate

Priced out of your neighbourhood? This real estate CEO says look south

Nothing is certain in Canada except death, taxes, and endlessly rising real estate prices.

The story is as well-worn as a 20-year-old doormat with even wealthy Canadians struggling to break into the housing markets in cities like Toronto or Vancouver thanks to dwindling supply and sky-high demand. So, real estate investment company SHARE is encouraging Canadians to look elsewhere for deals — south of the border, to be exact.

“The average price point of a Canadian home is north of $750,000 U.S.,” says Andrew Kim, SHARE’s founder. “Right now, in the U.S., it’s sub-$400,000 U.S.”

To Kim, the U.S. housing market is a surprisingly good opportunity for Canadian investors to generate income from real estate — either to pay for a permanent place in Canada, or to supplement their portfolio. SHARE’s premise is that owning real estate should be as straightforward as having a stock portfolio, and the company promises

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Real Estate

Population ‘moving south in droves’ creates opportunities for U.S. real estate investments

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More investors are turning to alternative investments such as private real estate, equity and debt to help balance their portfolios.

Real estate is particularly appealing to Canadians, both at home and across the border in the U.S. Perhaps not surprisingly, Canadians made up the largest share of foreign buyers of U.S. property, or 11 per cent of purchases, from April 2021 to March 2022, followed by Mexicans, at 8 per cent, and Chinese, at 6 per cent, according to the National Association of Realtors.

For investors, real estate may not sound like a great investment today, given rising interest

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