The Saudi Arabian government has announced a major shift in its economic policies to allow non-Saudis to invest in listed companies that own real estate in the holy cities of Mecca and Medina. The Saudi Gazette reported that Mohammed Elkuwaiz, board chairman of the...
The government of Finland is mulling the possibility of prohibiting banning Russian citizens from buying property in the country. The Moscow Times, an independent Russian news source, reported a decision on this ban could come as early as this spring. The new policy...
Nearly 490,000 residential properties are forecast to trade hands via Canadian MLS Systems in 2024, according to a new forecast from the Canadian Real Estate Association (CREA). This would represent a 10.4% increase from 2023. CREA is predicting the bigger sales gains...
A new forecast is predicting the global construction equipment rental market size to expand at 6% compound annual growth rate by 2035, with a projected revenue upswing from $195 billion in 2022 to $280 billion by the end of 2035. Research Nester’s forecast pointed to...
The Conservative politician who’s trying to take down Justin Trudeau said that if he’s elected, he would link Canada’s immigration levels to the number of homes being built. Pierre Poilievre, the leader of Canada’s Conservative Party, pledged that if became prime...
Toronto-headquartered HomeEquity Bank has hired longtime journalist and broadcaster Peter Mansbridge as a strategic communications consultant. According to the bank, Mansbridge will be part of a campaign focused on the CHIP Reverse Mortgage. In a new campaign that...
New York State’s Housing Inventory Expands, But Sales Remain Down
