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The Engel & Völkers News Brief | August 3, 2018

Friday, August 3rd, 2018 at 10:00am Engel Völkers

E&V News

Hockey legend Mario Lemieux Puts His $22 Million Quebec Chateau on Market
Daily Mail
The luxurious 17,000-square-foot estate is an expansive one, boasting 50 spacious rooms.

This 22-Acre Island Is Montana’s Largest Private Estate
Mansion Global
Now, the home is being offered for just under $14 million, which means those who were waiting for a better price would be wise to jump in now.

Engel & Völkers Opens Katy Shop in Texas
RISMedia 
Engel & Völkers has opened a shop in Katy, Texas.

Engel & Völkers Opens Huntsville/Lake Conroe Shop in Texas
RISMedia
Engel & Völkers has opened a shop in the area of Huntsville/Lake Conroe, a Houston suburb, in Texas.

Americas

For Stable Long-Term Investments, Look to Canada’s Secondary Markets
Mansion Global
Investing in cities like Montreal, Calgary, and Victoria may insulate buyers from the ups and downs of Vancouver and Toronto.

Mortgage Rates Climb as Housing Market Loses Its Mojo
Realtor.com
Rates for home loans surged along with the broader fixed-income market, pressuring mortgage affordability again even as housing market growth falters.

International

European Real Estate Investors Focus on Risk Avoidance in Late Stage of Market Style
Property Magazine International 
Property Investors believe the cyclical turning point will soon be reached in European real estate markets.

Luxury Living

At Austria’s Famous Salzburg Festival, the Hills Do Come Alive With the Sound of Music
Vogue
Year after year, American tourists flock to the charming Alpine town of Salzburg, once home to the real-life Von Trapp family singers, and the filming location of the beloved The Sound of Music.

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