Groupe Evoludev and the Fonds immobilier de solidarité FTQ have begun construction on O-Rive, a rental housing project in Montreal East. The new six-floor property is scheduled for delivery in the summer of 2025 and will feature 117 rental units plus ground floor...
The Philippines capital of Manila bypassed Dubai to earn the title of the world’s fastest-appreciating luxury real estate market in latest edition of Knight Frank’s Wealth Report. Manila recorded annual price gains of 26.3% across its high-end market during 2023, the...
Equiton, a Burlington, Ontario-based private real estate firm, has begun a new partnership with the John Molson School of Business at Concordia University to support research into Canada’s real estate investment landscape. Dr. Erkan Yönder, associate professor...
Mortgage rates climbed for the fourth consecutive week, according to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.94% as of Feb. 29, up from last week when it averaged 6.90%. A year ago at this...
January was a chilly month for pending home sales, according to new data from the National Association of Realtors (NAR). NAR’s Pending Home Sales Index dropped by 4.9% from December to January, closing the month with a 74.3 reading; an index level of 100 is equal to...