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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...
$3 Billion Tokenization Deal Focused on Dubai Properties

$3 Billion Tokenization Deal Focused on Dubai Properties

by Phil Hall | May 2, 2025 | International Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

MAG, a United Arab Emirates-based real estate developer, has signed a $3 billion tokenization agreement with MultiBank Group, the world’s largest financial derivatives institution based in Dubai, and Mavryk, a blockchain provider. According to the companies, the...
A Phil Hall Op-Ed: Will Mark Carney Make Canada’s Housing Crisis Worse?

A Phil Hall Op-Ed: Will Mark Carney Make Canada’s Housing Crisis Worse?

by Phil Hall | Apr 30, 2025 | A Phil Hall Op-Ed, International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

A Phil Hall Op-Ed: I am sure you are familiar with a quote that says: “Insanity is doing the same thing over and over again and expecting different results.” I was reminded of that quote this week when learning that Canadian voters opted to continue the...
Trump Organization to Create Hotel and Tower in Dubai

Trump Organization to Create Hotel and Tower in Dubai

by Phil Hall | Apr 30, 2025 | Commercial Real Estate News, International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Trump Organization has partnered with the luxury real estate developer Dar Global to announce plans to create the Trump International Hotel & Tower in Dubai. The project will be the first Trump International Hotel & Tower in the Middle East and the fifth...
Don Kottick Named President of RE/MAX Canada

Don Kottick Named President of RE/MAX Canada

by Phil Hall | Apr 29, 2025 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

RE/MAX Canada has announced the appointment of Don Kottick as its new president. He succeeds Christopher Alexander, who stepped down from the leadership role last month. Kottick is the former president & CEO of Sotheby’s International Realty Canada. Earlier...
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