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Canadian Housing Starts Up 3%

Canadian Housing Starts Up 3%

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

Canada recorded a 3% increase in the seasonally adjusted annual rate of housing starts in January with a total of 239,739 units, compared to December’s total of 232,492 units. The Canada Mortgage and Housing Corporation (CMHC) reported actual housing starts were up 7%...
English Housing Development Disrupted by Endangered Spider Colony

English Housing Development Disrupted by Endangered Spider Colony

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

Development on a new community in Southeast England came to a halt following the discovery of a small colony of endangered species. Kent Online reports construction on a section of the 15,000-home Ebbsfleet Garden City project was stopped over concerns that a...
Hits and Misses for the Real Estate Week of Feb. 10-14

Hits and Misses for the Real Estate Week of Feb. 10-14

by Phil Hall | Feb 14, 2025 | Hits and Misses, International Real Estate News, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

DOGE’s impact on Washington, Greenland hijinks and Redfin’s under the radar layoffs. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Feb. 10-14. Hit: Getting It Done. Earlier this week, the Department of Housing...
UK Government Plans to Build Up to 12 New Towns to Alleviate Housing Shortage

UK Government Plans to Build Up to 12 New Towns to Alleviate Housing Shortage

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

UK Prime Minister Keir Starmer has pledged to create the nation’s “largest housebuilding program” since the post-World War II era with the proposed construction of up to 12 new towns and the potential for 10,000 or more homes. According to combined media...
Ukraine Records First Real Estate Purchase by Western Private Fund Since Russian Invasion

Ukraine Records First Real Estate Purchase by Western Private Fund Since Russian Invasion

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

Ukraine recorded its first land purchase by a Western private fund since the Russian invasion in 2022. The Odessa News reports the Amsterdam-based Arcona Property Fund (APF) acquired a land plot in central Kyiv from Secure Property Investment and Development, a...
New Report Highlights Multiple Obstacles Facing First-Time Canadian Homebuyers

New Report Highlights Multiple Obstacles Facing First-Time Canadian Homebuyers

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

First-time Canadian homebuyers are facing steep obstacles in price appreciation, rapid population growth, and a limited supply of affordable housing stock, according to the newly published RE/MAX Canada’s Nation of Renters Report. The report stated the erosion...
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