Amid complaints that wealthy expatriates taking up tax residency have caused real estate prices to soar, the Italian government has doubled the flat tax on the foreign income of new residents to €200,000 (roughly $218,000). The Financial Times reported Prime Minister...
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...
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...
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, 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...
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...
Mortgage Delinquency Rate Inches Up to 3.72%
