International News
Canadian Home Sales Down During 2025, But Predicted to Rise in 2026
CREA added the national average home price is forecast to rise by 2.8% on an annual basis to $698,881 in 2026. Continue Reading Canadian Home Sales Down During 2025, But Predicted to Rise in 2026
Quebec Home Sales Up 8% During 2025
Quebec recorded 97,214 residential property sales in 2025, an increase of 8% over 2024. According to the Quebec Professional Association of Real Estate Brokers (QPAREB), 2025 marked the province’s third-best year on record for sales after 2020 and 2021. All three...
Dubai Launches Program to Encourage First-Time Homebuyers
The program is open to applicants aged 18 and above who are residents of the UAE and who do not currently own residential property in Dubai. Continue Reading Dubai Launches Program to Encourage First-Time Homebuyers
Proposed Australian Law Would Require Disclosures on AI-Altered Listing Photos
“Being misled into visiting a property that is not suitable is frustrating for prospective tenants and may mean they miss out on other properties,” said Leo Patterson Ross, president of the Tenants Union of NSW. Continue Reading Proposed Australian Law Would Require Disclosures on AI-Altered Listing Photos
Hyatt Sells Playa’s Real Estate Portfolio for $2 Billion
Hyatt Hotels Corporation (NYSE: H) announced the sale of Playa Hotels & Resorts NV’s real estate portfolio for $2 billion to Tortuga Resorts, a joint venture between an affiliate of KSL Capital Partners LLC and Rodina. Hyatt acquired Playa earlier this year for...
North Korea Unveils Shoreline Tourist Mecca
North Korea’s tiny tourism industry was shut down during the pandemic and only began receiving Russian tourists again in 2024. Continue Reading North Korea Unveils Shoreline Tourist Mecca
Brigil Previews Proposed $1.3 Billion Quebec Urban Hub
Espace Canevas will be based at the site of the former Village Cartier shopping center. Continue Reading Brigil Previews Proposed $1.3 Billion Quebec Urban Hub
Pacaso Expands into the Italian Market
Last month, Pacaso announced it reserved the ticker symbol “PCSO” on the Nasdaq Stock Market. Continue Reading Pacaso Expands into the Italian Market
Latvia Bans Property Purchases by Russia and Belarus Nationals
Earlier this year, Finland created a new law prohibiting property acquisition by Russian nationals. Continue Reading Latvia Bans Property Purchases by Russia and Belarus Nationals
Hilton and Marriott Expand Their Hotel Portfolios Across Africa
“We are witnessing a transformation of Africa’s tourism sector,” said Marriott’s Jerome Briet. Continue Reading Hilton and Marriott Expand Their Hotel Portfolios Across Africa
Canadian Housing Starts Mostly Flat in May
Montreal posted an 11% year-over-year increase in actual housing starts compared to May 2024, driven by more multi-unit starts. Continue Reading Canadian Housing Starts Mostly Flat in May
256-Unit Luxury Residential Tower to Rise Over Nairobi
Taher Saleh, managing director of SMB Properties, said, “Le Mirage Residences by CityBlue represents the pinnacle of luxury and architectural innovation in Kenya.” Continue Reading 256-Unit Luxury Residential Tower to Rise Over Nairobi
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