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Report: Global 3D Printing Construction Market to Reach $20.5 Billion by 2032

Report: Global 3D Printing Construction Market to Reach $20.5 Billion by 2032

by Phil Hall | Sep 13, 2024 | Industry Updates, International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The global 3D printing construction market was valued at $36.71 million in 2023 and is expected to reach $20.56 billion by 2032, growing at a compounded annual growth rate of 102%, according to a new report by SNS Insider Research. The Asia-Pacific region led the 3D...
Two Quebec Real Estate Brokers Suspended for Bogus Offer Scheme

Two Quebec Real Estate Brokers Suspended for Bogus Offer Scheme

by Phil Hall | Sep 12, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Two Quebec real estate brokers had their licenses suspended for two months after being accused of encouraging friends and family members to submit phony bogus offers as part of a scheme to drive up home prices. CTV News reported the regulator for the province’s real...
European Central Bank Cuts Rates Again

European Central Bank Cuts Rates Again

by Phil Hall | Sep 12, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The European Central Bank (ECB) announced its second rate cut of the year by lowering its deposit facility rate by 25 basis points to 3.50%. The ECB’s interest rates on the main refinancing operations and the marginal lending facility were also decreased to 3.65% and...
Hits and Misses for the Real Estate Week of Sept. 2-6

Hits and Misses for the Real Estate Week of Sept. 2-6

by Phil Hall | Sep 6, 2024 | Hits and Misses, International Real Estate News, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The multiple levels of illegal immigration’s effects on housing and a 1,700-page report on a deadly building fire are part of this week’s Hits and Misses. Miss: Saying It Ain’t So. Colorado officials owe the public a huge apology for their incompetent handling...
Montreal Home Sales Up 9% in August

Montreal Home Sales Up 9% in August

by Phil Hall | Sep 6, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Home sales were on the rise in the Montreal market during August, according to data from the Quebec Professional Association of Real Estate Brokers (QPAREB). There were nearly 3,000 residential sales last month in Montreal Census Metropolitan Area (CMA), up by 9% or...
Bank of Canada Announces Third Consecutive Rate Cut

Bank of Canada Announces Third Consecutive Rate Cut

by Phil Hall | Sep 4, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Bank of Canada announced its third rate cut in a row, reducing its key policy rate by 25 basis points to achieve a 4.25% level. “In Canada, the economy grew by 2.1% in the second quarter, led by government spending and business investment,” said the central bank...
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