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...
Trump administration officials acting strangely, a bill to protect Ohio seniors from foreclosure, and a nation experiencing its fifth blackout in a year. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Sept. 8-12. Hit: Fight...