The Engel & Völkers News Brief: September 4, 2020

September 4, 2020

E&V News

For $18 Million, You Can Own Two Private Islands Just 45 Minutes From Victoria
Robb Report
The LeBlanc Piercy Group of Engel & Völkers Victoria Oak Bay has just listed these two separate islands, dubbed the “Subtle Islands,” as one property for $18 million. The 75-acre offering is just a 45-minute floatplane ride from Victoria and contains a main house, equestrian barn, boathouse, and airplane hangar.

Downtown condos rated a good buy
Toronto Sun
Amid the pandemic, and due to current market conditions, Engel & Völkers is “reporting a temporary buying opportunity within downtown Toronto due to a slowdown in condo activity through Q2.”

A Sprawling Contemporary Home in Sun Valley, Idaho, Sells for $18 Million
Mansion Global
A contemporary-style, 14,262-square-foot home in Sun Valley, Idaho, has sold for $18 million, making it one of the most expensive sales ever in the popular ski resort area according to listing agent Travis Jones of Engel & Völkers Sun Valley.

Americas

Real Estate Trends Across The US As The Pandemic Continues
Forbes
Forbes discusses home trends across the antion including the rise in sales for vacation homes, urban sprawl, and the projection for the market.

Toronto home prices surge 20% in August to new record high
BNN Bloomberg
Home prices in Canada’s largest housing market set a new record for a third consecutive month in August as the rebound in home-buying activity continued after an initial lull at the onset of the COVID-19 pandemic.

International

Domestic investors boost real estate markets
The Investor
Despite the devastating impact of the pandemic on economies around the globe, the real estate markets of Japan, Germany and South Korea showed resilience in the first half of this year as they leant on deep domestic pools of capital.

Luxury Living

19 Designer Tips for Lightening Up a Dark Room
Elle Decor
Brightening up a dark space is a common challenge when designing a room. While a major renovation can certainly correct the issue, here are 19 foolproof tricks that the pros use to add light through design details.

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