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Calgary Real Estate Broker Charged with Multimillion-Dollar Investment Scams

Calgary Real Estate Broker Charged with Multimillion-Dollar Investment Scams

by Phil Hall | May 9, 2025 | International Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Police in Calgary have charged a local real estate broker with fraud in multimillion-dollar investment scams. According to the charges, the police were contacted in July 2024 by an individual who said he was invested approximately $80,000 over the course of a year...
FirstService Residential Acquires Core Real Estate Group

FirstService Residential Acquires Core Real Estate Group

by Phil Hall | May 9, 2025 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

FirstService Residential, the Dania Beach, Florida-based property management firm and a subsidiary of FirstService Corporation (NASDAQ and TSX: FSV), has acquired Edmonton-based Core Real Estate Group. Founded in 2011, Core Real Estate Group manages more than 15,000...
Disney to Open First Middle East Theme Park in Abu Dhabi

Disney to Open First Middle East Theme Park in Abu Dhabi

by Phil Hall | May 7, 2025 | Commercial Real Estate News, International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Walt Disney Company (NYSE: DIS) has announced plans for its first Middle East theme park destination at Abu Dhabi in the United Arab Emirates. Disney Abu Dhabi will be the company’s seventh theme park. It will be located at the waterfront of Yas Island and will be...
Survey: One-in-Three Canadians Cite Down Payments as Biggest Obstacle to Homeownership

Survey: One-in-Three Canadians Cite Down Payments as Biggest Obstacle to Homeownership

by Phil Hall | May 6, 2025 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Nearly one-third (32%) of Canadians complained that saving for a down payment was the greatest obstacle that keeps them out of the housing market, according to a new survey from CPA Canada and BDO Debt Solutions. Among the survey’s respondents, another 30% said the...
Toronto Home Sales Down Despite Surge in New Listings

Toronto Home Sales Down Despite Surge in New Listings

by Phil Hall | May 6, 2025 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

A total of 5,601 home sales were recorded through the Toronto Regional Real Estate Board’s (TRREB) MLS System in April, down by 23.3% from the 7,302 transactions one year earlier. But while sales plummeted, new listings in the MLS System soared – 18,836 last month, up...
Survey: 43% of Canadian Homeowners Needed Family Assistance to Buy Their Property

Survey: 43% of Canadian Homeowners Needed Family Assistance to Buy Their Property

by Phil Hall | May 5, 2025 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

One of the most popular financial entities for Canadian homeowners has been the Bank of Mom and Dad. According to a new survey by BMO (NYSE: BMO), 43% of Canada’s homeowners said they could not have purchased their home without assistance from family. The survey...
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