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Canadian City Sells Historic Building Valued at $475,000 for $1,000

Canadian City Sells Historic Building Valued at $475,000 for $1,000

by Phil Hall | Jul 10, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The city council of Fredericton, New Brunswick, has voted to sell a historically significant building valued at $475,000 to a private developer for $1,000. According to a CBC report, the sale of Lemont House to State Street Properties carries the condition that the...
Forecast: Global Real Estate Tokenization Market to Reach $26 Billion by 2034

Forecast: Global Real Estate Tokenization Market to Reach $26 Billion by 2034

by Phil Hall | Jul 9, 2024 | International Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

A new report is predicting the global real estate tokenization market size and share will grow in revenue from $3.8 billion in 2024 to $26 billion by 2034, with a compound annual growth rate of 2.90%. The report from Prophecy Market Insights observed the U.S. is “the...
Trump Organization to Pursue More Middle East Real Estate Deals

Trump Organization to Pursue More Middle East Real Estate Deals

by Phil Hall | Jul 8, 2024 | Commercial Real Estate News, International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Trump Organization is seeking to pursue more real estate projects in the Middle East, but it is unclear if this strategy will continue if Donald Trump returns to the White House. The company has agreements with the Saudi Arabian real estate company Dar Global to...
Study: Smart Home Market to Reach $734 Billion Value by 2031

Study: Smart Home Market to Reach $734 Billion Value by 2031

by Phil Hall | Jul 8, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The global smart home market is predicted to attain a value of $734.75 billion by 2031, with a compound annual growth rate (CAGR) of 28.02%, according to a new market forecast published by SkyQuest. The security and access control market segments are expected to...
Canada Seeks Design Services for Housing Design Catalogue

Canada Seeks Design Services for Housing Design Catalogue

by Phil Hall | Jul 8, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Canadian government has announced a formal Request for Proposals (RFP) for the Housing Design Catalogue, with the goal of seeking design services for the development of low-rise housing. The first iteration of the Catalogue is slated to begin later this year and...
Sleeping Woman Awakes to Find Real Estate Agent in Her Home

Sleeping Woman Awakes to Find Real Estate Agent in Her Home

by Phil Hall | Jul 5, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

An Australian woman was awarded $1,500 in damages after a real estate agent came into her home while she was sleeping. According to News.com.au, the woman and her husband had leased the Canberra unit for the last five years. The agent arrived for a scheduled...
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