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...
The Israeli housing market has hit a major pothole, with home sales down 55% year-over-year in April. According to a Times of Israel analysis of Israeli Finance Ministry data, April’s home sales volume is the lowest level for the month in 21 years (not counting the...
The world’s tallest residential development, Dubai’s Burj Binghatti Jacob & Co. Residences, has begun sales on its luxury units. Billed as a “Hyper-Tower,” the property is a collaboration between the Emirati developer Binghatti and the jewelry...
New York City-based Forbes Global Properties has announced residential specialist Bennett Property Shop will exclusively represent its brand in Ottawa, making it the company’s third brokerage in Canada. Marnie Bennett founded Bennett Property Shop in 2012 after nearly...
