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...
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...
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...
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...
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...
Finland’s Defense Ministry is seeking to ban real estate purchases within the nation by Russian nationals and companies. According to a press statement, a working group appointed by Minister of Defense Antti Häkkänen created a report on the issue, which will be...
Senate Approves 21st Century ROAD to Housing Act
