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Sales Up, Prices Down Slight in Toronto’s Housing Market

Sales Up, Prices Down Slight in Toronto’s Housing Market

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

A glut of new listings helped boost home sales in July while prices were slightly lower, according to new data from the Toronto Regional Real Estate Board (TRREB). A total of 5,391 home sales were transacted through TRREB’s MLS System last month, up by 3.3% from the...
Australian Ex-Real Estate Agent Sentenced for Pilfering Clients’ Deposits

Australian Ex-Real Estate Agent Sentenced for Pilfering Clients’ Deposits

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

A former real estate agent in Australia was sentenced to four months in prison for misusing his clients’ homebuying deposits. News.com.au reported Justin Scavo, who was sole director of Revolve Real Estate, started withdrawing money from the trust accounts of four...
Bank of England Cuts Rates for First Time in Over 4 Years

Bank of England Cuts Rates for First Time in Over 4 Years

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

The Bank of England trimmed the base rate by a quarter-point to 5%. This marked the first rate cut by the UK’s central bank since March 2020. Within the Bank of England, the rate cut decision was somewhat contentious, with the Monetary Policy Committee voting...
Apollo Insurance in New Partnership with Century Group

Apollo Insurance in New Partnership with Century Group

by Phil Hall | Jul 31, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Apollo Insurance, a Canadian digital insurance provider, has partnered with Century Group to provide instant digital insurance solutions specifically designed for tenants across Canada. Century Group provides design and construction for mixed-use communities across...
Houston Association of Realtors in Data Integration Deal with Latin American MLS

Houston Association of Realtors in Data Integration Deal with Latin American MLS

by Phil Hall | Jul 31, 2024 | International Real Estate News, News/Current Events, Real Estate Agent Tools, Real Estate News, WRE News Exclusive

The Houston Association of Realtors (HAR) announced an international data integration agreement with Omni Multiple Listing Service (Omni MLS), the largest multiple listing service in Latin America. According to the organization, HAR’s 48,000 MLS subscribers will have...
Study: Canadian Households Spend 43% of Their Income on Taxes

Study: Canadian Households Spend 43% of Their Income on Taxes

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

The average Canadian family spent 43% cent of its income on taxes in 2023, according to new data from nonpartisan think-tank Fraser Institute. Last year, the average Canadian family earned an income of $109,235 and paid in total taxes equaling $46,988. This level of...
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