Ltd., a regulated entity with the Monetary Authority of Singapore underneath a Capital Markets Services License to conduct fund administration and an exempt financial adviser. PGIM Real Estate is looking to faucet a new source of capital from a growing pool of excessive net-worth individuals and household offices within the region. As of the tip of November, the Toronto Region Real Estate Board had reported 23,128 apartment sales in 2023 — a forty four per cent decline from the identical period in 2021. “If you’re feeling that these costs are really too high and that they will come down, irrespective of how motivated you’re to buy a house, you will have an inclination to wait and see,” he said. “It’ll flip around finally, but right now I suppose that purchaser sentiment is entrenched.”

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