Corcoran Group LLC has expanded its global presence with the launch of Corcoran Fischer Properties, the brand’s first franchise in Germany. The new franchise is based in Frankfurt and led by founder and Managing Director Moritz Fischer, who was previously an...
Keller Williams Realty LLC (KW) has expanded its European presence with the awarding of a new master franchise in Hungary. Led by Regional Operating Principal Akos Megyeri, a former US Army officer who has been active in the Hungarian real estate industry for more...
The Bank of Canada has announced a new slate of rate cuts. The nation’s central bank reduced its target for the overnight rate by 25 basis points to 2.5%, with the Bank Rate at 2.75% and the deposit rate at 2.45%. With this announcement, the Bank of Canada noted the...
Housing starts mostly were down 16% in Canada during August, with a total of 245,791 units compared to July’s total of 293,537 units. According to data from the Canada Mortgage and Housing Corporation (CMHC), actual housing starts were up 10% year-over-year in centers...
Canadian Prime Minister Mark Carney has created a new endeavor designed to expand affordable housing opportunities, while new data shows Canadian home sales are rebounding. According to a statement from Carney’s office, the newly launched Build Canada Homes is a...
Graywood Developments, a Toronto-headquartered real estate investment management company, announced its strategic expansion into the Build-to-Rent sector. As part of the move, Graywood has earmarked five residential communities under development in Toronto as rental...
Mortgage Application Activity Sinks Amid Pullback in Refinancing
