The Engel & Völkers News Brief | May 17, 2019

May 17, 2019
The Engel & Völkers News Brief | May 17, 2019 - Canada

E&V News

Ultra High Net Worth Buyers Are Pushing Toronto Luxury Home Prices Even Higher
A luxury real estate company with franchises around the world forecasts home prices in markets throughout central Canada will rise, while the upscale segments of western Canadian cities are going to favor well-heeled buyers.

Metro Vancouver’s Luxury Housing Market Is Now a Buyer’s Market: Report
A new report released today by Engel & Völkers has determined that the housing market in Metro Vancouver has transitioned into a buyer’s market — particularly for luxury housing.


Metro Home Prices See 3.9% Increase in 2019’s First Quarter
National Association of Realtors®
Inventory increased and metro market prices rose in the first quarter of 2019, but at a slower pace than the previous quarter, according to the latest quarterly report by the National Association of Realtors®.

Canada’s Hot Luxury Real Estate Spots: Report
Housing prices are rising in Ottawa, Montreal and Toronto, but it’s a different story in the West: Vancouver and Victoria are now buyer’s markets, and B.C. prices are expected to stabilize, according to the new Canadian Spring Market Report from global luxury real estate firm Engel & Völkers.


Rental Home Inventory in Ireland at Record Lows
World Property Journal
According to the latest quarterly Rental Report by, there were just 2,700 homes available to rent nationwide in Ireland on May 1st, 2019, the lowest total ever recorded in a series dating back to 2006.

Luxury Living

7 Dreamy Memorial Day Getaway Hotels to Book Now
ELLE Decor
From the Napa Valley of the East to the waters of Palma de Mallorca, these are the places where you must stay for the holiday.

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