Toronto, Victoria are World’s ‘Hottest’ Luxury Real Estate Markets

Source: BNN

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…

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