The Engel & Völkers News Brief: May 7, 2021

May 7, 2021

E&V News

Gorgeous $12 Million Compound Comes With 50-Car Garage and Its Own Dyno
Stacy Ossorio of Engel & Völkers Big Sky listed a gorgeous 20-acre compound with incredible amenities including a 50-car garage, a private gym, and 360-degree panoramic mountain views.

A look inside: $4.5 million two-level Yaletown penthouse
Daily Hive
This article features an impressive listing from Engel & Völkers Vancouver. The penthouse features two large patios, 17-foot ceilings, and a centrally-located chef’s kitchen.

$13M asking price on world-class North Okanagan estate
Enjoy a video of an estate made to entertain by Richard Deacon of Engel & Völkers Okanagan. This estate features five bedrooms, can seat 45 people for dinner, and has 24 parking spaces.


Did the Suburbs Kill the City Real Estate Market? Maybe Not.
The New York Times
While the pandemic caused many to believe that big city living has been replaced by the suburbs, this article argues otherwise. It analyzes the quarterly changes in Manhattan sales and explains why this impression of the Manhattan residential real estate market persists.

Real Estate Frenzy to Crest in 2021, Canada’s Housing Agency Says
The Canadian housing market has soared to new heights this year due to low interest rates and a demand for more space. This article analyzes the Canadian market and reviews factors that will affect future trends.


Czech real estate investment volume down by only 8 percent year-on-year, says Savills
Property Funds World
Lenka Pechová, a senior research analyst, reviews the Czech real estate investment market. Prime core assets remain the most sought after and there is continued investor demand for prime office buildings.

Luxury Living

Suspended 115 Feet in the Air, the World’s First Floating Pool Is Unveiled in London
Architectural Digest
On May 19th, a pool positioned almost 115 feet in the air will open to residents of the Embassy Gardens apartments in London. The 82-foot-long transparent pool stretches across two flat roofs, allowing for comprehensive views of famous London landmarks.

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