Behind the fraying tweed curtain, in the formerly snail-paced, more British than Britain district of Oak Bay, B.C., old wooden homes are disappearing in droves.
“One day there’s a beautiful house on a corner, and the next day it’s gone,” frets Oak Bay rookie councillor Eric Zhelka, who worries his community is losing its old country charm, its heart and soul.
The median price for an existing home in the United States is $211,000, according to the National Association of Realtors. However, these twelve homes blow this average away with price tags in the high millions.
The Ontario government announced Thursday that it’s moving ahead with a major overhaul of Ontario Place, adding a new pedestrian bridge to connect with the Exhibition grounds.
The new Ontario Place will feature a park, a canal district complete with restaurants and an expansion of the Molson Canadian Amphitheatre, Ontario Tourism Minister Michael Coteau said Thursday morning. Part of the space is expected to be open by 2016.
MUMBAI | BENGALURU: While the broad housing market is searching for signs of a sales pick up, the vacation homes segment has done well, driven by demand from wealthy industrialists, high net-worth individuals (HNIs) and non-resident Indians (NRIs). "The vacation home market in India is growing at 10-12% per annum. This is because this market follows a different dynamics and is immune to slowdown affecting the real estate sector in general.
The median home price in Berkeley, California is now over $1 million. According to a report from KPIX 5's Da Lin, the median home price in Berkeley is now $1.05 million, the latest sign that housing costs in the Bay Area continue to soar.