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European Central Bank Readies for Rate Cut Next Week

European Central Bank Readies for Rate Cut Next Week

by Phil Hall | May 28, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

European Central Bank Chief Economist Philip Lane is signaling his agency is ready to cut interest rates next week, a disruption from its usual trend of following the Federal Reserve’s lead. In an interview with the Financial Times, Lane previewed the ECB’s upcoming...
Mainstreet Equity Corp. Reports Cybersecurity Incident

Mainstreet Equity Corp. Reports Cybersecurity Incident

by Phil Hall | May 24, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Mainstreet Equity Corp. (TSX: MEQ), a Calgary-headquartered real estate operating company, announced that it was the target of a cybersecurity incident on May 21 which affected Mainstreet’s internal systems. Specific details on the exact nature of the incident were...
Serge Brousseau Named Board President of Quebec Brokers Group

Serge Brousseau Named Board President of Quebec Brokers Group

by Phil Hall | May 24, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Quebec Professional Association of Real Estate Brokers (QPAREB) has elected Serge Brousseau as president of its board of directors. Brousseau is the founding owner of the RE/MAX du Cartier agency, which encompasses six branches and over 350 brokers. He sat on the...
New Initiative Plans to Revitalize Downtown Ottawa

New Initiative Plans to Revitalize Downtown Ottawa

by Phil Hall | May 23, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Ottawa Board of Trade and the Canadian Urban Institute have unveiled the “Downtown Ottawa Action Agenda” to revitalized Canada’s capital and its surrounding region. Under this initiative, Downtown Ottawa will aim to add 40,000 new residential units and create...
Pineapple Adds Six Ontario Brokerages to Affiliate Network

Pineapple Adds Six Ontario Brokerages to Affiliate Network

by Phil Hall | May 23, 2024 | International Real Estate News

Pineapple Financial Inc. (NYSE American: PAPL) has signed six affiliate mortgage brokerages to its network in Ontario. The six brokerages joining Pineapple’s affiliate network are: CRE Capital Canada, Toronto Top Notch Financial, Maple Tailored Finance Inc.,...
Global Tiny Home Market Forecast to Grow by $4.82 Billion

Global Tiny Home Market Forecast to Grow by $4.82 Billion

by Phil Hall | May 22, 2024 | International Real Estate News, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The global market for tiny homes is predicted to grow by $4.82 billion from 2024 to 2028, with an estimated compound annual growth rate of 5.3%, according to a new forecast published by Technavio. The growing popularity of tiny homes is attributed to their lower...
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