Canada’s home sales were down by 4.1% month-over-month in August, according to data from the Canadian Real Estate Association (CREA). On a year-over-year basis, sales were up but up 5.3%. The number of newly listed properties edged up 0.8% month-over-month while the...
Oxford Properties Group has formally opened The Stack, a Vancouver office property that is the first high-rise commercial tower in North America built to zero carbon standards. The 37-story, 550,000-square-foot complex is also the first office tower to attain the...
Two new luxury developments combining hospitality and residential properties are now underway in the Dominican Republic. Four Seasons Hotels and Resorts has teamed with Miami-based Cisneros Real Estate to develop the 60-acre Four Seasons Resort and Residences...
Bellingham, Washington-based eXp Realty, a subsidiary of eXp World Holdings Inc. (NASDAQ: EXPI), announced the Canadian launch of eXp Luxury, which the company promotes as a “forward-thinking luxury real estate program that leverages eXp Realty’s exclusive tools and...
The Canadian private equity firm and real estate developer Equiton has acquired the land at 875 The Queensway in Toronto for the development of a condominium project. The proposed Vicinity Condos will be a mid-rise condominium with approximately 150 units ranging from...
The Bank of Canada today held its target for the overnight rate at 5%, with the Bank Rate at 5¼% and the deposit rate at 5%, but it warned that rate hikes could resume if the Canadian economy shows advanced signs of fraying. “The Canadian economy has entered a...
