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Sharp Drop in Canadian Home Sales Blamed on Tariff Concerns

Sharp Drop in Canadian Home Sales Blamed on Tariff Concerns

by Phil Hall | Mar 17, 2025 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Home sales across Canada were down sharply during February, a decline that was attributed to apprehension over the tariff war with the Trump administration. Sales activity recorded over Canadian MLS Systems plummeted by 9.8% from January to February, according to data...
KV Debuts New Fund Focused on Western Canadian Real Estate Market

KV Debuts New Fund Focused on Western Canadian Real Estate Market

by Phil Hall | Mar 17, 2025 | International Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Edmonton, Alberta-based KV Capital has launched KV Building Products Access Fund LP, a closed-end fund that will enable accredited Canadian investors to invest alongside KV and its institutional partners in the firm’s Building Products Strategy. The fund focused on...
5 Consent Orders Tied to Unregistered British Columbia Mortgage Broker

5 Consent Orders Tied to Unregistered British Columbia Mortgage Broker

by Phil Hall | Mar 17, 2025 | International Real Estate News, Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

The British Columbia Financial Services Authority (BCFSA) issued five consent orders to individuals who committed professional misconduct by engaging in business with an unregistered mortgage broker named Jay Kanth Chaudhary. BFCSA conducted a multi-year investigation...
Canada to Spend $365 Million for Building 767 Rental Homes in Toronto

Canada to Spend $365 Million for Building 767 Rental Homes in Toronto

by Phil Hall | Mar 13, 2025 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Canadian government has allocated $365 million for the construction of 767 new rental homes in Toronto. The project’s first phase, which is now under development on an eight-acre, transit-oriented site owned by the City of Toronto, will be part of a...
Nobu Hospitality Expands into the Netherlands

Nobu Hospitality Expands into the Netherlands

by Phil Hall | Mar 13, 2025 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Nobu Hospitality, the New York City-based hotel, dining, and residence brand, has entered the Netherlands market with the launch of the Nobu Residences Park Meadows Amsterdam and Nobu Restaurant Amsterdam. The Nobu Residences Park Meadows Amsterdam will feature both...
New Coalition Seeks to Address Challenges Facing Canadian Housing Market

New Coalition Seeks to Address Challenges Facing Canadian Housing Market

by Phil Hall | Mar 12, 2025 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

A coalition of Canadian housing organizations have published a policy plan designed to strengthen the resiliency of their nation’s housing market. Citing Canada’s existing economic problems and the stress created by a new trade war with the United States, the...
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