The capital of the global luxury home market during the first quarter of this year was Dubai, according to a new data analysis from the real estate consulting group Knight Frank. Working with the definition of luxury homes being residences costing $10 million and up,...
Last month’s home sales and the average selling price in the Greater Toronto Area (GTA) were above last year’s levels, according to data from GTA Realtors. The GTA market recorded 7,481 sales through the Toronto Regional Real Estate Board’s (TRREB) MLS System, up...
Russian citizens are on a real estate shopping spree – not in their own country, but in neighboring Lithuania. According to the Lithuanian national broadcaster LRT, Russians have purchased 297 properties in Lithuania during the first half of this year. Most of the...
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...
