International News
Canadian Home Sales Declined in February
The non-seasonally adjusted national average home price was $663,828 in February, down by a scant 0.2% from the same month last year. Continue Reading Canadian Home Sales Declined in February
Vietnam Bank to Auction Assets of Convicted Real Estate Mogul Behind Nation’s Largest Fraud Case
Truong My Lan’s sentence was changed to life imprisonment when Vietnam abolished the death penalty for certain economic crimes. Continue Reading Vietnam Bank to Auction Assets of Convicted Real Estate Mogul Behind Nation’s Largest Fraud Case
Polish Hotelier Offers Free Party for Couples Who Conceive While Staying at His Hotels
Wladyslaw Grochowski pointed to Poland’s low birth rate as a primary inspiration for his unlikely benevolence. Continue Reading Polish Hotelier Offers Free Party for Couples Who Conceive While Staying at His Hotels
Ex-Calgary Realtor Behind Ponzi Scheme Banned from Alberta’s Real Estate Industry
Eric Drinkwater was licensed with RE/MAX Central since 2005. Continue Reading Ex-Calgary Realtor Behind Ponzi Scheme Banned from Alberta’s Real Estate Industry
California Man Sentenced for Belize-Based Real Estate Scam
Andris Pukke was convicted of wire fraud and obstruction of justice on July 10. Continue Reading California Man Sentenced for Belize-Based Real Estate Scam
Corcoran Group Announces New German Franchise
The new franchise is based in Frankfurt and led by founder and Managing Director Moritz Fischer. Continue Reading Corcoran Group Announces New German Franchise
Keller Williams Furthers European Presence with Hungarian Franchise
“We are proud to celebrate KW Hungary joining our Keller Williams Worldwide Family,” said William E. Soteroff, president of Keller Williams Worldwide. Continue Reading Keller Williams Furthers European Presence with Hungarian Franchise
Bank of Canada Announces New Rate Cut
The nation’s central bank reduced its target for the overnight rate by 25 basis points to 2.5%, with the Bank Rate at 2.75% and the deposit rate at 2.45%. Continue Reading Bank of Canada Announces New Rate Cut
Canadian Housing Starts Drop 16% in August
The year-to-date total was 156,283, up 4% from the same period in 2024. Continue Reading Canadian Housing Starts Drop 16% in August
Canada Creates Federal Agency Focused on Affordable Housing While Home Sales Continue to Rise
Ana Bailão, a former deputy mayor of Toronto, was named CEO of Build Canada Homes. Continue Reading Canada Creates Federal Agency Focused on Affordable Housing While Home Sales Continue to Rise
Graywood Developments Expands Residential Portfolio with Build-to-Rent Pipeline
As part of the move, Graywood has earmarked five residential communities under development in Toronto as rental projects, totaling approximately 3,000 units. Continue Reading Graywood Developments Expands Residential Portfolio with Build-to-Rent Pipeline
Hits and Misses for the Real Estate Week of Sept. 8-12
Trump administration officials acting strangely, a bill to protect Ohio seniors from foreclosure, and a nation experiencing its fifth blackout in a year. Continue Reading Hits and Misses for the Real Estate Week of Sept. 8-12
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