Canada extension the new last frontier?

[ecuadorbusiness]

Looking at the dozens newsletters about domaining I love to receive I revisited some auctions live now on Heritage Auctions, they are near to end and it was very curious that two one word .CA domains are surpassing the $20,000 barrier as well as any .COM would do.

http://domains.ha.com/c/item.zx?saleNo=1115&lotNo=87011

http://domains.ha.com/c/item.zx?saleNo=1115&lotNo=87012

I cannot more than especulate about this tendency: A lot of money moving on Canada on this names? The names themselves despite the extension? Well perhaps some opinions could make the landscape clearer to understand this tendency.
Perhaps .CA is becoming the new promised land for domainers Inputs? Thank you.

 

[Kate]

.ca is restricted, unless you are a Canadian national or resident you probably are not eligible. The market is limited. These sales are not representative in any way.

 

[ecuadorbusiness]

.ca is restricted, unless you are a Canadian national or resident you probably are not eligible. The market is limited. These sales are not representative in any way.

Yes I tried to register a .CA and the requisite was being a Canadian resident/citizen, that is the reason why they reached those prices the restrictive nature of those domains.

 

[myleene]

Their BIN prices seem too high considering the extension. They didn't sell on auction and I can't see them selling at these prices.

I'm not an end-user, but I can't see one willing to pay these prices. Coins and/or comics sellers are usually small businesses and only a select few would have the money to buy this at lower prices. Those that could usually already have their domain name and might not want to change it or could prefer to use their business name instead of a keyword.

 

[RazorNF]

Yes I tried to register a .CA and the requisite was being a Canadian resident/citizen, that is the reason why they reached those prices the restrictive nature of those domains.

Here are the requirements for .ca

http://www.cira.ca/legal/compliance/

I have seen a few US-based domain speculators set up Canadian corporations for the sole purpose of holding .ca's. But have noticed them dropping much of their holdings over the years, especially with parking no longer being what is was..

 

[JudgeMind]

the .ca extension is extremely difficult to resell.. I have a couple names which if they were a .com would easily fetch $x,xxx++, may not ever resell as .ca