The government of Vietnam is considering new taxes designed to limit real estate speculation that has been driving up prices. Vietnam News reports Prime Minister Phạm Minh Chính has asked the Ministry of Finance to draft new policies designed to improve oversight of...
A total of 3,847 homes were sold in the Greater Toronto Area (GTA) through the Toronto Regional Real Estate Board’s (TRREB) MLS System in January, down by 7.9% from the 4,177 transactions recorded in the same period last year. Although sales activity was down, new...
The Bank of England followed the examples of the European Central Bank and the Bank of Canada by enacting a new rate cut. The central bank’s Monetary Policy Committee (MPC) voted 7-2 to reduce Bank Rate by 0.25 percentage points, to 4.5%. The two dissenting members...
Canadian housing sales and prices are expected to improve over the next two years, according to the 2025 Housing Market Outlook published by the Canada Mortgage and Housing Corporation (CMHC). While acknowledging “foreign trade risks and immigration changes” could...
Castlelake LP, a global alternative investment manager specializing in asset-based private credit, has partnered with Niam Credit, an alternative credit provider in Northern Europe, to provide financing solutions to the Nordic real estate market. The partnership will...
The Canadian government has added six federal properties to the Canada Public Land Bank, with the goal of transitioning the properties into affordable housing. According to a government statement, the properties have the potential to create approximately 1,770 units...