Municipal fees are driving up the costs of new home construction in Canada, according to the 2024 Municipal Benchmarking Study from the Canadian Homebuilders Association (CHBA). The study determined that municipal fees charged on new residential developments increased...
The European Central Bank (ECB) enacted a new round of 25 basis points interest rate cuts. The ECB’s interest rates on the deposit facility, the main refinancing operations and the marginal lending facility are being reduced to 2.50%, 2.65% and 2.90% respectively,...
A total of 4,037 homes were sold through the Toronto Regional Real Estate Board’s (TRREB) MLS System in February, a 27.4% year-over year decline. TRREB reported the drop in home sales occurred despite a 5.4% year-over-year increase in new listings within the MLS...
Gordon Hicks, CEO of the Markham, Ontario-based integrated facility management services firm BGIS, was awarded the King Charles III Coronation Medal in recognition of his longstanding support and contributions to Kids Help Phone and Youth Mental Health advocacy across...
In one of the largest real estate deals in Central America real estate, BlackRock Inc. (NYSE: BLK) is spending $22.8 billion to purchase majority stakes in ports on both sides of the Panama Canal. The Wall Street Journal reports BlackRock, its new infrastructure arm...
Realty One Group International has ratcheted up its plans for global expansion in a new partnership with real estate franchising expert Larry Oberly. Oberly has 34 years of direct franchising experience in real estate, quick service restaurants and printing services....
