Canada's Luxury Home Sales Experienced a Boom in the First Quarter, Reports Mansion Global Daily

The real estate market is showing signs of recovery and growth in various parts of the world. In Canada, luxury home sales in the first quarter of 2023 boomed, with activity rising in nine out of 15 markets. In the UK, each listing agent was offering an average of 25 homes for sale in March 2023, up 78% from the previous year. In Australia, rental prices are surging at record rates with house and apartment rents hitting all-time highs. Dubai is also seeing a surge in demand for luxury residences, with hotel-branded residences offering resort-like amenities and reflecting the vacation experience.

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