Michelin Guide Awards Its First Hotel Keys in the US
Eleven hotels earned the top three-key distinction, in a list that focused on major markets rather than being truly comprehensive.
Latest Videos
The information you requested is not available at this time, please check back again soon.
Eleven hotels earned the top three-key distinction, in a list that focused on major markets rather than being truly comprehensive.
Abu Dhabi’s biggest property developer plans to ramp up work on a beachfront community, where it aims to build luxury homes in a city that’s emerged as one of the world’s newest wealth havens.
Industrial & Commercial Bank of China Ltd., the nation’s largest lender, reported its first decline in quarterly profit in more than a year as margins continue to contract.
The family behind one of Mexico’s biggest diversified fortunes is ramping up its long-term wager on a US regional bank, joining a wave of the nation’s super-rich expanding their overseas investments.
Message to bond underwriters: Some big customers are sizing up your ESG credentials.
May 16, 2018
The Canadian Press
Victoria, B.C. has landed the top spot on Christie's global list of hottest luxury housing markets.
The real estate arm of the famed auction company says strong year-over-year sales growth and high domestic demand for housing catapulted the Vancouver Island community to lead a list of cities around the world on the annual list.
Trailing Victoria on last year's list are San Diego and Orange County, Calif., followed by Washington D.C. and Paris.
Christie's says the Victoria market earned such a high ranking because it is seeing an influx of buyers from the United States and China and sales rates that rival frenzied and neighbouring markets Toronto and Vancouver.
It says the average time it took to sell a luxury property in Victoria last year was only 32 days, down from 41 days in 2016, making it one of the most fast-paced markets in the world.
Christie's also listed Toronto in the ninth spot on its list of most luxurious global cities for prime property and Muskoka, Ont. in the second position for its rankings of the hottest secondary home markets.