Switzerland caught the world’s economic observers by surprise when its central bank opted to cut interest rates, a first for a major Western economic power. The Financial Times reported the Swiss National Bank cut its headline rate by 25 basis points to 1.5%. Thomas...
We’ve all heard about hot property, but an Australian real estate agent took that concept one step beyond and wound up burning down her client’s multi-million-dollar residence – a boo-boo that cost her employer more than $860,000 plus five years of interest. According...
National Bank of Canada (TSX: NA) has granted a green loan to Capital Developments for the construction of Olive Residences in Toronto. Located in Toronto’s North York neighborhood, Olive Residences is a new 29-story residential building with 350 condo units for...
The prices for existing Canadian homes were flat in February, ending a declining streak that began last fall. According to the Canadian Real Estate Association (CREA), nationwide home sales in February were down by 3.1% from January. The actual (not seasonally...
Russians and Iranians were the leading foreign nationals buying residential property in Turkey in February, according to the Turkish Statistical Institute (TÜİK). IranIntl.com reported that Russians accounted for 395 of all Turkish home sales last month, with Iranians...
Colonnade BridgePort, an Ottawa-headquartered real estate investment and management company, is now providing its services in Atlantic Canada via new offices in Dartmouth, Nova Scotia, and Fredericton, New Brunswick. The company is now managing a portfolio of over one...
