Nearly 490,000 residential properties are forecast to trade hands via Canadian MLS Systems in 2024, according to a new forecast from the Canadian Real Estate Association (CREA). This would represent a 10.4% increase from 2023. CREA is predicting the bigger sales gains...
A new forecast is predicting the global construction equipment rental market size to expand at 6% compound annual growth rate by 2035, with a projected revenue upswing from $195 billion in 2022 to $280 billion by the end of 2035. Research Nester’s forecast pointed to...
The Conservative politician who’s trying to take down Justin Trudeau said that if he’s elected, he would link Canada’s immigration levels to the number of homes being built. Pierre Poilievre, the leader of Canada’s Conservative Party, pledged that if became prime...
Toronto-headquartered HomeEquity Bank has hired longtime journalist and broadcaster Peter Mansbridge as a strategic communications consultant. According to the bank, Mansbridge will be part of a campaign focused on the CHIP Reverse Mortgage. In a new campaign that...
Starwood Capital Group, a global private investment firm with a focus on real estate, has acquired a portfolio of 10 hotels with 2,053 rooms in Central London from Edwardian Group for an undisclosed sum via an off-market transaction. Edwardian Group will continue to...
The Toronto-based proptech Requity Homes announced the closing of $26 million in equity and debt financing. Requity Homes offers Canadians a rent-to-own program that enables them to rent their residence while being able to save money the option to purchase at a...