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Mixed Picture in July for Canadian Housing Market

Mixed Picture in July for Canadian Housing Market

by Phil Hall | Aug 15, 2023 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Canada’s home sales dipped by 0.7% month-over-month in July, even though number of newly listed properties rose 5.6% month-over-month and sales were up in more than half of all local markets. According to data from the Canadian Real Estate Association (CREA), a...
Realty One Group Sells Franchise Rights for Belize

Realty One Group Sells Franchise Rights for Belize

by Phil Hall | Aug 15, 2023 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Las Vegas-headquartered Realty One Group has sold the franchise rights to its 17th country to Belize. Sergio E. Gonzalez, who purchased the franchise rights to Costa Rica two years ago and is the regional owner of Realty One Group Central America and Western...
Sotheby’s International Realty Establishes Presence in Turkey

Sotheby’s International Realty Establishes Presence in Turkey

by Phil Hall | Aug 8, 2023 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Sotheby’s International Realty has entered the Turkish real estate market with the opening of Türkiye Sotheby’s International Realty. Türkiye Sotheby’s International Realty is owned by the Alfardan Group and will be led by Country Manager Can Turkan,...
Dubai Developer Damac Enters London’s Office Property Market

Dubai Developer Damac Enters London’s Office Property Market

by Phil Hall | Aug 7, 2023 | Commercial Real Estate News, International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Dubai property developer Damac, which is mostly known for its luxury hospitality properties, is buying London office space for first time. According to a Financial Times report, the company is preparing to acquire office properties at bargain prices and upgrade...
Realtor Fined for Drinking Client’s Milk from a Carton Without Permission

Realtor Fined for Drinking Client’s Milk from a Carton Without Permission

by Phil Hall | Aug 2, 2023 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

A Canadian realtor found himself in hot water for drinking his client’s milk without permission. The British Columbia Financial Services Authority (BCFSA) enacted a C$20,000 fine against Michele (Mike) Rose for “conduct unbecoming a licensee” when he consumed milk...
Hong Kong Residents Wait an Average of 5.3 Years for Public Housing Apartments

Hong Kong Residents Wait an Average of 5.3 Years for Public Housing Apartments

by Phil Hall | Aug 2, 2023 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Hong Kong residents in search of an apartment in the city’s public housing system will need to exercise patience – a lot of patience. According to a report in the South China Morning Post, the average waiting time for a Hong Kong public rental unit is 5.3 years....
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