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Australia’s Opposition Leaders Seeks 2-Year Ban on Homebuying by Foreigners

Australia’s Opposition Leaders Seeks 2-Year Ban on Homebuying by Foreigners

by Phil Hall | Oct 2, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Australia’s opposition leader has pledged to ban foreign purchases of residential real estate for two years if he is elected as the nation’s next leader. Daily Mail reported Peter Dutton, the Liberal Party of Australia leader, announced his proposed ban on social...
Realty One Group International Expands into Mexico

Realty One Group International Expands into Mexico

by Phil Hall | Oct 1, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Laguna Niguel, California-headquartered Realty One Group International has expanded its global presence into Mexico. The company’s new franchisee, Marco Fernandez, plans to open offices throughout the Mexico states of Yucatan, Campeche and Quintana Roo. The company...
China to Introduce Refinancing for Mortgages

China to Introduce Refinancing for Mortgages

by Phil Hall | Sep 30, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

China announced a shift in its housing policy to allow homeowners to refinance their mortgages. The Wall Street Journal reported the People’s Bank of China, the nation’s central bank, will allow borrowers to negotiate with lenders to refinance their home loans using...
Blackwell 3D Construction in New Pact to Secure Financing for Dubai Ventures

Blackwell 3D Construction in New Pact to Secure Financing for Dubai Ventures

by Phil Hall | Sep 30, 2024 | Commercial Real Estate News, International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Blackwell 3D Construction Corp. (OTC: BDCC), a 3D house printing technology company, has engaged Asas Capital, a boutique investment advisory firm, to arrange the financing for the company’s planned real estate ventures in Dubai. According to the company, the...
Vietnam Plans Tax on Owners of More Than One Real Estate Property

Vietnam Plans Tax on Owners of More Than One Real Estate Property

by Phil Hall | Sep 27, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Vietnamese government is planning to fight a new increase in real estate speculation by proposing a tax on the owners of more than one property. Việt Nam News reported the Ministry of Construction’s proposal comes as real estate prices have been soaring this year,...
Housing Starts Up in Canada’s Largest Cities

Housing Starts Up in Canada’s Largest Cities

by Phil Hall | Sep 26, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Housing starts in Canada’s six largest census metropolitan areas (CMAs) totaled 68,639 units in the first half of this year, up by 4% from the 65,905 units in the same period during 2023, driven by significant increases in Calgary, Edmonton, and Montreal. According to...
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