The real estate development and investment firm Colonnade BridgePort and the Fiera Real Estate CORE Fund have broken ground on Junction Central, a mixed-use residential community in Ottawa. The new project is located on a 4.9-acre site located next to Ottawa’s...
Elevated costs, weak demand, and a growing number of unsold homes will bedevil Canada’s homebuilders this year as new home construction will decline through 2028, according to the latest Housing Market Outlook released by Canada Mortgage and Housing Corporation...
The listing price for the abandoned Spanish village of Candelago has been discounted. The property was first listed at €200,000 (roughly $238,000) in 2021. According to Idealista.com, the price has now been reduced to €150,000 (approximately $179,000). The village...
At a time when other central banks are cutting interest rates, the Reserve Bank of Australia enacted its first rate hike in three years. The central bank increased its cash rate target by 25 basis points to 3.85%, noting that Australia’s inflation “picked up...
A Beverly Hills mansion that nobody wants, a push to end property taxes in Georgia, and Indiana goes Bears hunting. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Jan. 26-30. Miss: A Bigger Flop Than “Gigli”: The former...
Killam Apartment REIT (TSX: KMP.UN) has completed the $29.6 million acquisition of Forrest Green Apartments, a 13-storey, 109-suite apartment building located in the Clayton Park section of Halifax, Nova Scotia. Forrest Green was constructed in 1973 and is comprised...
