While Torontos housing market melts down Montreals sizzles

Montreal’s hot real estate market continued to sizzle last month with record August sales and rising prices.The Greater Montreal Real Estate Board says booming condo sales drove an eight per cent increase in residential sales across the Montreal region.There were 2,899 sales, with condo transactions surging 19 per cent. Single-family homes that account for more than half of sales rose four per cent.The Island of Montreal led the way with a 12 per cent rise in sales.Paul Cardinal of the Quebec Federation of Real Estate Boards attributed the continued gains to strong job creation, consumer confidence and foreign migration.He also said buyers were fast-tracking purchases to beat an expected interest rate hike, which was announced Wednesday.Sales have increased each of the last 30 months, except July 2016 when there were unchanged. The last monthly drop in sales took place in February 2015.That’s far different than in Toronto, where sales of detached, semi-detached, condos and townhouses fell between 25.7 and 41.6 per cent in August.The average sales price in the Greater Toronto Area dropped for a fourth-straight month, falling 1.8 per cent to $732,292.In Greater Vancouver, home sales surged 22.3 per cent while the composite benchmark price was up 9.4 per cent to $1,029,700.Both Toronto and Vancouver have implemented a 15 per cent tax on foreign buyers in attempts to quell rising home prices.Montreal remains a relative bargain even though the average real estate price increased 4.1 per cent to $374,333 in AugustOne possible area of weakness was a slowdown in the purchase of homes over $500,000. They grew 14 per cent, down from 57 per cent in July. read more

British mother faces jail in Dubai for calling exhusband an idiot in

Want the best of The Telegraph direct to your email and WhatsApp? Sign up to our free twice-daily  Front Page newsletter and new  audio briefings. The offending Facebook posts, published in 2016Credit:Detained in Dubai The offending Facebook posts, published in 2016 The Foreign Office said it was supporting the mother-of-one, who is the first British woman known to have been arrested for posting offensive content on social media from outside the UAE.Ms Sharavesh was married to her Portuguese husband Pedro Manuel Coreia Dos Santos for 18 years. They had one daughter together, called Paris.The couple lived in Dubai for eight months, during which time she worked for HSBC. Ms Sharavesh and Paris returned to London several years ago, but her husband did not follow and the two eventually divorced.It is claimed the first she knew of his new marriage was when she opened Facebook and saw pictures of Mr Dos Santos and his bride. Flushed with anger, Ms Sharavesh allegedly wrote in Farsi: “I hope you go under the ground you idiot. Damn you. You left me for this horse.” A British mother is facing jail in Dubai after branding her ex-husband an “idiot” and his new wife a “horse” on Facebook, campaigners say.Laleh Sharavesh, 55, lives in London but was detained by authorities in the United Arab Emirates last month when she attempted to attend the funeral of her former partner.Her arrest stemmed from two Facebook comments she made on pictures of her husband re-marrying in 2016, which his new wife sent to police, according to Campaign group Detained in Dubai.She had been in Britain when she posted the comments, but her ex-husband and his wife were living in Dubai.Under the cybercrime laws of the desert kingdom, someone can be jailed for making defamatory comments online, even if they were not in the country at the time.It means Ms Sharavesh could now face a jail sentence of up to two years and a fine of £50,000, the campaign group said.She has been forced to remain in Dubai in a hotel as she awaits a court appearance, losing her job and plunging into debt in the process, it is claimed.Her passport has also been confiscated and her 14-year-old daughter had to fly home by herself. She said: “I am not allowed to leave Dubai. I have been to court once, where I was not allowed to defend myself. And a police station where we were kept waiting for 12 hours without any progress.“I am terrified. I can’t sleep or eat. I have gone down two dress sizes because of the stress.“My daughter cries herself to sleep every night. We are so close, especially since her father left us and we only have each other. It breaks my heart to be kept apart from her.” read more