Couple trying to move to Toronto warn of elaborate online rental scam in red-hot market
An Oakville, Ont., couple want to warn other prospective renters about an elaborate rental scam they say is preying on those trying to find a quasi-affordable apartment in Toronto’s red-hot housing market.But the Oakville, Ont., couple quickly learned that if something seems too good to be true, it probably is — and they narrowly avoided losing $4,400 in first and last months' rent to an alleged scammer.
While sales slow down on the real estate market, the purchasers return a few trading margins at the time of purchase, according to a study of the ORPI network, published by BFM Business . Thus, the difference between the selling price offered by the sellers and the purchase price of goods is on average of -2.5% in the first quarter in France.
But according to the cities, this gap is hollow. For example, in Antibes, the margin displayed is 5.4% at the beginning of the year, compared with 1.9% the previous quarter. "Here, sellers too greedy are now forced to adjust their purchasing power of buyers," says the study.
A favorable evolution at Reims
A Vannes, the margin of trading increased from 0.1% to 3.7% between the fourth semester 2021 and the first quarter 2022. A REIMS, the margin is now 4.3 % compared to 1.2% late 2021. In Nantes, the bargaining rate increased from 1.9% to 3.2% while in Lille, it is 3.7% compared to 1.9% in the fourth quarter.
real estate price in Nice in March 2022: the indices for purchase and rental
© Adobe Stock real estate price in Nice in March 2022: the indices for purchase and rental Prepare your real estate project in Nice thanks to the price indices on the local market on March 1, 2022 and our information about the living environment in the city. Living or investing in Nice is part of your projects? If you wonder how prices and rents vary, here is what to remember thanks to the information of the FNAIM and clamor . Let's look closely at the price of the square meter for purchase.
to read Real Estate: Foreigners buy less in France
However, in other cities, trading margins are almost nil for purchasers. This is the case in Montpellier (0.2%), in La Rochelle (0.9%) or Dax (1%). Finally, in other sectors, the margin is stable between the two quarters. Thus, in Limoges, the negotiation rate remains unchanged between the fourth quarter 2021 and the first quarter 2022. It is 2.1%. At Pau, the margin has passed only 3.3% to 3.4%.
Article Real Estate: The return of trading margins to the purchasers appeared first on better living your silver .
Presidential: 79% French consider that candidates do not speak enough real estate .
the theme of real estate, great forgotten from the presidential election? According to an OpinionWay study for Guy Hoquet Real Estate, nearly 8 in 10 people consider that candidates do not speak enough of the subject of housing during the presidential campaign. They are even 7 French on 10 to reproach candidates not to know their needs. 83% of them call for concrete solutions on this theme.