Toronto, Victoria are World’s ‘Hottest’ Luxury Real Estate Markets
Toronto and Victoria, B.C. are the world’s “hottest” markets for luxury homes as investors flock to Canada for its political and economic stability, according to a new report from Christie’s International Real Estate.
Christie’s CEO Dan Conn told BNN in an interview Wednesday that even with the rise in million-dollar-plus home sales, Toronto is cheap compared to other luxury markets. “I consider Toronto, even with the heat at the upper end of the market, it is still a comparative bargain on the global map,” he said…