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RBC Retrofits Canadian Branch Network to Reduce Carbon Emissions

RBC Retrofits Canadian Branch Network to Reduce Carbon Emissions

by Phil Hall | Jul 19, 2024 | Commercial Real Estate News, International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Royal Bank of Canada (RBC) (NYSE:RY) has launched a multi-million-dollar plan to retrofit its Canadian network of 1,200 branches, with the goal of eliminating 10,000 tons of onsite carbon emissions from its operational footprint. In the first phase of this endeavor,...
European Central Bank Holds Interest Rate

European Central Bank Holds Interest Rate

by Phil Hall | Jul 18, 2024 | International Real Estate News, Real Estate News, WRE News Exclusive

One month after enacting its first interest rate cut in nearly five years, the European Central Bank (ECB) opted to leave rates unchanged. “While some measures of underlying inflation ticked up in May owing to one-off factors, most measures were either stable or edged...
Canadian Housing Starts Down 9% in June

Canadian Housing Starts Down 9% in June

by Phil Hall | Jul 17, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The annual pace of Canadian housing starts dropped by 9% from May to June, according to new data from Canada Mortgage and Housing Corp. (CMHC), adding the seasonally adjusted annual rate of housing starts in June amounted to 241,672 units, down from 264,929 in May....
The Country Attracting the Most British Expatriates Is…

The Country Attracting the Most British Expatriates Is…

by Phil Hall | Jul 15, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

An estimated half-million Britons left the UK during 2023, but where did the go? A new study by the international moving company comparison website Compare My Move has traced where this new wave of British expatriates is heading. Spain is the most popular destination...
Report: Immigrant Influx Exacerbates British Columbia’s Housing Problems

Report: Immigrant Influx Exacerbates British Columbia’s Housing Problems

by Phil Hall | Jul 12, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The influx of immigrants into British Columbia is exacerbating the province’s housing market challenges, according to “BC Check-Up: Live,” an annual report by the Chartered Professional Accountants of British Columbia (CPABC). According to the report, British Columbia...
Quebec’s Q2 Home Sales Up 12%

Quebec’s Q2 Home Sales Up 12%

by Phil Hall | Jul 12, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Quebec recorded a total of 26,166 residential sales in the second quarter 2024, up 12% year-over-year, according to the Quebec Professional Association of Real Estate Brokers (QPAREB). This level of activity was higher than the average recorded for this time of year...
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