Source: Financial Times — UK commercial property values and rents are predicted to “tumble off a cliff edge” in the first quarter of 2023, as estate agents warn offices will fare worst as prices fall. A survey of more than 400 commercial agents forecast a 2.9...
Source: Global News — The Okanagan real estate market went through extreme growing pains this year. According to the Association of Interior Realtors (AIR) the market at the beginning of 2022 was quite pressurized due to an influx of people moving to B.C.’s...
Source: The New York Times — This summer, after the Supreme Court struck down the landmark 1973 decision in Roe v. Wade, Americans flooded Google and typed in “how to move to Canada” — the search term spiked 850 percent in one hour. “How to become a Canadian...
Source: Marketplace — The housing market is ending 2022 on a pretty sour note. Pending home sales in November dipped to their second lowest level since the National Association of Realtors started tracking that stat 20 years ago. And though mortgage rates have...
Source: Yahoo! Entertainment — If you own a home or have been interested in buying one, you are aware of the sizeable U.S. residential real estate downturn. Sales numbers are dropping to their lowest rates since 2020, but interest rates continue to rise to...
Hits and Misses for the Real Estate Week of March 23-27
