Canada Mortgage and Housing Corp. has launched an application portal for the Housing Accelerator Fund (HAF). The HAF is a $4 billion initiative designed to provide funding to cities, towns, and indigenous governments to develop new housing supply, with the goal of...
The U.K.’s housing market entered another perilous week with higher mortgage costs and the potential for additional interest rate hikes from the nation’s central bank. According to combined media reports, the financial data provider Moneyfacts reported the average...
A pair of U.K. real estate executives received the Order of the British Empire (OBE) as part of King Charles III’s inaugural Birthday Honors list. CoStar News reported Charles Oglesby, CEO of the commercial property management firm Bruntwood, was recognized for his...
Housing starts in Canada were down for the seventh consecutive month, according to data from the Canada Mortgage and Housing Corp. (CMHC). The standalone monthly seasonally adjusted annual rate (SAAR) of total housing starts for all areas in Canada declined 23% in May...
Mortgage borrowers in the U.K. began the week with a new degree of financial discomfort as the average two-year fixed mortgage rates for homebuyers hit 6.01% today, the highest level since last December. The rate was 5.98% on Friday, as per data from Moneyfacts. This...
The real estate software company Yardi added a new feature to their rental listing portal Point2 that will help Nova Scotia residents who were displaced in ongoing wildfires find temporary shelter. To locate these properties, evacuees can use the filter “NS Wildfire...
