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Survey: Three-Quarters of Canadians Say They Were Not Likely to Buy a Home This Year

Survey: Three-Quarters of Canadians Say They Were Not Likely to Buy a Home This Year

by Phil Hall | Jan 8, 2025 | International Real Estate News, Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

Roughly three-quarters (76%) of Canadians stating they were unlikely to purchase a new home in the coming year – up from 72% in the fourth quarter of 2023. According to Q4 2024 Consumer Pulse survey from TransUnion (NYSE: TRU) that polled 1,000 adults, 59% of...
Developer Apologizes for Demolishing Sydney Childhood Home of AC/DC Founders

Developer Apologizes for Demolishing Sydney Childhood Home of AC/DC Founders

by Phil Hall | Jan 7, 2025 | International Real Estate News, Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

A real estate developer has apologized for the demolition of the Sydney residence that was the childhood home of AC/DC founders Malcolm and Angus Young, claiming it was unaware of its importance in Australia’s music history. News.com.au reports the residence at...
Toronto Home Sales Up, Prices Down in 2024

Toronto Home Sales Up, Prices Down in 2024

by Phil Hall | Jan 7, 2025 | International Real Estate News, Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

A total of 67,610 home sales were recorded in the Greater Toronto Area during 2024, a 2.6% increase from the 65,877 sales in 2023. According to data from the Toronto Regional Real Estate Board (TRREB), there was a total of 166,121 new listings for this market in 2024,...
Saudi Arabia to Create Securitization Market for RMBS

Saudi Arabia to Create Securitization Market for RMBS

by Phil Hall | Jan 6, 2025 | International Real Estate News, Market Snapshot, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Saudi Arabia will become the first Persian Gulf nation to establish a securitization market for residential mortgage-backed securities (RMBS). The Public Investment Fund’s Saudi Real Estate Refinance Co. is partnering with Hassana Investment Co., a government pension...
Justin Trudeau Resigns as Canada’s Prime Minister

Justin Trudeau Resigns as Canada’s Prime Minister

by Phil Hall | Jan 6, 2025 | International Real Estate News, Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

Justin Trudeau has announced his resignation as Canada’s 23rd prime minister. Trudeau, who is also the leader of the Liberal Party, has served as prime minister since November 2015; his father, Pierre Trudeau, 15th prime minister of Canada from 1968 to 1979 and from...
Realty One Group International Expands Caribbean Presence

Realty One Group International Expands Caribbean Presence

by Phil Hall | Jan 6, 2025 | International Real Estate News, Market Snapshot, News/Current Events, WRE News Exclusive

Realty One Group International has expanded its global presence with the addition of franchisors in the Caribbean islands Bonaire and Curacao. Greg Bardell, Realty One’s regional director for the Mid-Atlantic states, holds the Master Franchise for the Caribbean....
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