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...
Two in 10 Canadians (16%) said they be more comfortable with the real estate market if the Bank of Canada cuts its lending rate by more than 100 basis points by the end of the year, according to a new survey conducted by Leger on behalf of RE/MAX Canada. The survey,...
Chartwell Retirement Residences (TSX: CSH.UN) (OTCMKTS: CWSRF), Canada’s largest provider of senior housing, has acquired three retirement residences on Vancouver Island for an aggregate purchase price of $226.9 million. The three properties have a combined total 384...
Canadian police have confirmed the suspect in the murder of a Toronto-area realtor has left the country and is now in Hong Kong. GlobalNews reported Zhixiong Marko Hu left Canada on Aug. 12, the day that the burned remains of Yuk-Ying (Anita) Mui were discovered in...
