The Engel & Völkers News Brief: June 14, 2019

June 14, 2019
The Engel & Völkers News Brief: June 14, 2019 - Loire

E&V News

Quebec’s Short-Term Rental Operators Could Be Fined up to $25,000
Canadian Real Estate Wealth
The new piece of regulation, slated to come into effect this fall, targets properties being rented out for fewer than 31 days.

Home of the Week: Michael Douglas Really Wants You to Buy His $32 Million Island Estate
Robb Report
The “Wall Street” star is so keen to sell, he’s provided the voiceover for a promotional video.

Oceanfront House on a Scenic Stretch of Highway in Northwest Florida
Mansion Global
Amenities include a second-floor infinity pool and a guest compound.

Americas

The Multibillion-Dollar Problem of Weak Cybersecurity in Real Estate
Forbes
A recent study by IBM put the average value of a single data breach at $3.86 million per company.

Housing Market Picks up Steam in Canada After Slow Start to Year
Bloomberg
Canadian home sales activity continued to rebound last month, suggesting the nation’s housing market is improving after a sluggish start to the year.

International

China’s Debt Disease Might Wreck Its Uncrashable Housing Market
Quartz
For decades, the burgeoning power of China’s middle-class has been promised as a cure-all for many of the global economy’s troubles.

Luxury Living

5 Places Art and Design Lovers Should Visit in July
Architectural Digest
From the Hamptons to Santa Fe, aesthetes have plenty of outstanding travel options this summer.

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