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January 2018

Found 13 blog entries for January 2018.

E&V News

Engel & Völkers Opens in Hawaii With New Franchise Partner
Inman
Primary Properties' Kay Mukaigawa shares why the global company sold her on a partnership.

Catering To An Increasingly International Real Estate Investor Base
Forbes 
For luxury real estate professionals looking to level-up their business in 2018, the key to surpassing the competition will lie in the ability to service an increasingly international client base.

Woodstock’s Stock Rises With Supply of New Homes
Financial Times
Vermont village attracts wealthy weekenders but, until now, its market was tight. 

Trump Tower Goes up in Uruguay Resort as Property Prices Go Down
Financial Times
The Punta del Este coastal resort feels the chill from Argentine withdrawal.

Americas

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The latest edition of Private Residences is here, featuring some of Engel & Völkers' most extraordinary properties from across the Americas, and the homes included once again do not disappoint. This season, whether you're a cold-weather enthusiast or like to be a snowbird by the beach, these properties are sure to satisfy all your winter homebuying dispositions. Here's a roundup of some of our favorites that are truly making our eyes tear. 

The Critically Acclaimed Chalet - Sundance, Utah
Page 73

Exquisite cinema isn't the only thing that comes out of Sundance, Utah. World renowned architect, builder and visionary Bron Roylance designed this one-of-a-kind ski chalet, which was inspired by French monasteries and incorporates priceless art, antiques

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E&V News

Bungalow in ‘Rosedale of Aurora’ Retains Value in Slow Market
The Globe and Mail
Bungalows rarely come to market in the west end of Aurora, Ont., which is about a 30-minute drive north of Toronto, so this custom residence on a half-acre lot drummed up a full price offer after welcoming just three visitors in November.

Timbaland Picks Up New $3 Million Pair of Luxury 'Sky Homes' in Miami
People
One of Miami’s most exclusive luxury buildings just locked down its artist in residence.

A River Runs Through This Stunning Utah Ranch
Toronto Star 
Nature gets a helping hand to give ranch owners the maximum benefit of a waterfront home.

Old House, New Tricks: How to Sell a Historic Home
Inman
Generate excitement about your listing by accentuating what

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Global real estate brand marks expansion into Hawaii with opening of two shops in Honolulu

Engel & Völkers today announced its entrance into Hawaii, as the result of a partnership with local real estate powerhouse Primary Properties. The newly established  Engel & Völkers Honolulu will operate under the continued leadership of license partner Kay Mukaigawa, a local resident and real estate professional with over 30 years of experience in Hawaii real estate. With two shop locations, Engel & Völkers Honolulu will service the entire island of Oahu and is licensed to do business on all islands.

“The Hawaiian lifestyle, varied island landscapes, year round good weather and world-class recreation have made Hawaii a highly covetable place to own property,

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It could cost the city up to $100 million by 2040 to realize its revitalization plan for the Capri-Landmark Town Centre. Nearly half of that would come from development cost charges. The preferred concept plan for the area bordering Gordon Drive and Spall Road, Springfield Road and the highway, will be presented to city council Monday afternoon. The plan, which has taken 11 months to get to this point, is designed to guide future development and long-term infrastructure investment in the area. Some of the major drivers of the plan include a re-balancing of the land use mix to nearly double the job/people per hectare ratio, and a major re-alignment of Sutherland Avenue linking all the way to Spall Road, while prioritizing walking, cycling and transit. The

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E&V News

Strong Demand Underlies Healthy Toronto Luxury Market: Report
Toronto Star
Engel & Völkers says real estate values are benefiting from a booming population and tech sector.

Luxury Property Hotspots to Look Out for in 2018
Mortgage Broker News
In a recent report, global real estate firm Engel & Völkers outlined the most promising luxury property trends in four major Canadian cities.

Timbaland Buys Waterfront Miami Condo
The Real Deal
Grammy Award-winning record producer and rapper Timbaland just bought a waterfront condo under construction in Miami’s Arts & Entertainment District.

Americas

Facebook, Google, and LinkedIn are Investing Hundreds of Millions in Housing Projects Across North America
Business Insider
From the lure of tax credits

3,932 Views, 0 Comments

By the Engel & Völkers Team

With ski season well underway, snow enthusiasts around the world will travel near and far to enjoy what this winter has to offer. In North America, ever-popular skiing hotspots such as Whistler, British Columbia; Vail, Colorado; or Mont-Tremblant, Québec may round up this season’s top destinations, but there are also plenty of cold-weather havens abroad that are worth exploring. Home to a multitude of mountain activities (and thriving real estate markets) the European ski towns of St. Moritz, Gstaad, Kitzbühel and Davos/Klosters are forecasted to experience an increase of global visitors and investors alike, according to Engel & Völkers' latest report on exclusive ski properties in Europe. 

High-priced homes in St. Moritz

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International real estate brand continues Canadian expansion with its first Oakville brokerage

Engel & Völkers has announced its newest shop in Oakville, Ontario, expanding the company’s global network and premium level of service in Canada. The newly established Engel & Völkers Oakville is led by license partners Scott Russell, Jo-Anne Copeland and Richard Rutkowski, who will also serve as the broker of record. The brokerage will provide leading real estate services to home buyers and sellers in the markets of Oakville, Mississauga, Milton, Burlington and Hamilton.

As part of the Oakville community for more than 20 years, Russell and Copeland open the new shop with an esteemed local reputation, having already established several business ventures

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KELOWNA, B.C. – January 8 th , 2017. Typical for December, volumes in residential sales declined this past month, with 459 sales posted to the MLS®, a 24% decrease from November, but comparable to last year’s sales of 453 units reports the Okanagan Mainline Real Estate Board (OMREB). “Outside of a couple of variances, the market is doing what it generally does this time of year,” says OMREB President Tanis Read noting a general slowing of activity. “Sales and listing volumes were both on-trend for this time of year, but, interestingly, average price and days on market bounced back from November.” New listings were 465, down 65% from November, but relatively consistent with this time last year, when new listings were 407. Average price, however, rose 3.5%

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Canada’s unemployment rate plunged to the lowest in more than 40 years, suddenly raising the odds of a Bank of Canada rate hike this month. The jobless rate fell to 5.7 per cent in December, Statistics Canada said Friday in Ottawa, the lowest in the current data series that begins in 1976. The number of jobs rose by 78,600, beating expectations and bringing the full-year employment gain to 422,500. That’s the best annual increase since 2002. The economy showed unexpected resiliency as the year came to an end, with the figures indicating rapidly diminishing slack in the labor market that may quicken the expected pace of interest-rate increases by the Bank of Canada. Since September, Canada added 193,400 jobs — the biggest three-month gain since at least

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