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Apartment Hunting in Pyongyang? Kim Jong Un Has a Place for You!

Apartment Hunting in Pyongyang? Kim Jong Un Has a Place for You!

by Phil Hall | Apr 17, 2023 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

One of the busiest housing markets appears to be in one of the least likely places on Earth – or, at least, that is what its state-run media insists. According to a Reuters report, the North Korean government held a ceremony yesterday following the completion of...
Report: Multifamily to Outpace Single-Family Housing Globally

Report: Multifamily to Outpace Single-Family Housing Globally

by Phil Hall | Apr 17, 2023 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Global construction of new housing is expected to increase by 2.0% per year through 2026 to 60.4 million units, according to the newly published “Global Housing Market 2023-2026” report from ResearchAndMarkets.com. Overall, the report predicted multifamily...
Approval Granted for British Columbia Housing Complex

Approval Granted for British Columbia Housing Complex

by Phil Hall | Apr 17, 2023 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Toronto-based Starlight Investments has received approval to move forward with its masterplan and first phase of development of Harris Green Village in Victoria, British Columbia. Starlight Investments purchased the properties along the 900 and 1000 blocks of Yates...
Data Reports Point to Increased Stability in Canada’s Homeownership Market

Data Reports Point to Increased Stability in Canada’s Homeownership Market

by Phil Hall | Apr 14, 2023 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Two new data reports are pointing to a growing level of stability in Canada’s homeownership market. The aggregate price of a home in Canada during the first quarter of this year was $778,300, according to the latest Royal LePage House Price Survey. This represents a...
New Studies Address Canada’s Housing Shortage

New Studies Address Canada’s Housing Shortage

by Phil Hall | Apr 13, 2023 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

When it comes to housing construction in Canada, there was more activity when Pierre Trudeau was the prime minister compared to Justin Trudeau’s era. A new study by the Fraser Institute, a Toronto-based public policy think tank, determined more housing was constructed...
Canadians Divided on Whether to Buy a Home Now or Later

Canadians Divided on Whether to Buy a Home Now or Later

by Phil Hall | Apr 12, 2023 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Most Canadians are worried that a recession is coming soon, though opinions are split on whether this is the right time to buy a home. In the newly published RBC Home Ownership Poll, 75% respondents admitted being worried about the potential of an upcoming recession....
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