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UK Lender to Reintroduce 100% Mortgage

UK Lender to Reintroduce 100% Mortgage

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

Skipton Building Society has announced plans to become the first U.K. lender to offer a 100% mortgage since the 2008 financial crisis. According to a report in The Guardian, 100% mortgages are designed for first-time buyers who are unable to save for a down payment....
Global Real Estate Software Market Forecast to Grow by $5.22B by 2026

Global Real Estate Software Market Forecast to Grow by $5.22B by 2026

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

The global real estate software market size is estimated to grow by $5.22 billion from 2021 to 2026, a compound annual growth rate of 9%, according to a new forecast published by Technavio. The new forecast predicted the global real estate software market is “expected...
Montreal Homes Sales in 26% Decline

Montreal Homes Sales in 26% Decline

by Phil Hall | May 5, 2023 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The spirit of T.S. Eliot permeated Montreal’s residential housing environment, for April was truly the cruelest month – the market’s sales totaled 3,755 last month, a 26% year-over-year plummet to the lowest point since 2000 for the month of April (not counting the...
The Real Brokerage Expands Into Manitoba

The Real Brokerage Expands Into Manitoba

by Phil Hall | May 5, 2023 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Real Brokerage Inc. (TSX: REAX) (NASDAQ: REAX) announced its expansion into Manitoba, which gives the company a presence in four Canadian provinces. The new Manitoba operations features with 22 agents, including two of the area’s top producing teams, Peters...
Banks Having Second Thoughts Over Japan’s First Casino Development

Banks Having Second Thoughts Over Japan’s First Casino Development

by Phil Hall | May 4, 2023 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The attempt to launch Japan’s first casino is off to a shaky start as some banks might be having a change of mind in backing the project. According to a Nikkei Asia report, the project is based in Osaka and will feature a hotel, casino, theater and international...
Dubai’s Rasmala Investment Bank Enters UK Multifamily Market

Dubai’s Rasmala Investment Bank Enters UK Multifamily Market

by Phil Hall | May 3, 2023 | Commercial Real Estate News, International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Rasmala Investment Bank Ltd., a Dubai-based alternative investment manager, has launched five-year strategy to create a portfolio of multifamily residential properties in the U.K. that will exceed $2 billion in investment value. According to the company, the strategy...
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