International News
Canadian Rental Housing Vacancy Rate at 3.1%
Toronto’s purpose-built apartment vacancy rate hit 3% for the first time since the pandemic. Continue Reading Canadian Rental Housing Vacancy Rate at 3.1%
Granite Real Estate Investment Trust to Delist from the NYSE
Granite has also filed an application for its units to be quoted on the OTCQX platform, to begin trading on or about Dec. 23. Continue Reading Granite Real Estate Investment Trust to Delist from the NYSE
Liam Neeson Starring in an Australian Real Estate Listing Video
The Oscar-nominated actor spoofed his iconic role in the thriller “Taken.” Continue Reading Liam Neeson Starring in an Australian Real Estate Listing Video
Hyatt to Acquire Playa Hotels & Resorts for $2.6 Billion
Playa is the owner and operator of resorts in Mexico, the Dominican Republic and Jamaica. Continue Reading Hyatt to Acquire Playa Hotels & Resorts for $2.6 Billion
205-Unit Affordable Housing Unit to be Built in City of Quebec
Delivery is scheduled for fall 2026. Continue Reading 205-Unit Affordable Housing Unit to be Built in City of Quebec
Canadian Airport Owes $500,000 Property Tax
“I’m confident that this year that will be taken care of,” said Stephenville Mayor Tom Rose. Continue Reading Canadian Airport Owes $500,000 Property Tax
Vietnam Considers New Taxes to Address Growing Real Estate Speculation
The proposed tax measures would include a new tax on the gap between land use fees and sale prices. Continue Reading Vietnam Considers New Taxes to Address Growing Real Estate Speculation
Toronto Home Sales Down in January While New Listings Expand
Last month’s average selling price of $1.04 million was up by 1.5% compared to the $1.02 million in January 2024. Continue Reading Toronto Home Sales Down in January While New Listings Expand
Bank of England Announces Rate Cut
The central bank’s Monetary Policy Committee voted 7-2 to reduce Bank Rate by 0.25 percentage points, to 4.5%. Continue Reading Bank of England Announces Rate Cut
Canadian Home Sales and Prices Forecast to Rebound in Next 2 Years
As for rental housing CMHC noted that supply began to accelerate in 2024, but affordability was often elusive. Continue Reading Canadian Home Sales and Prices Forecast to Rebound in Next 2 Years
New Initiative Targets $1 Billion for Nordic Real Estate Financing
The partnership will deploy $1 billion on whole loan lending in Denmark, Finland, Norway, and Sweden. Continue Reading New Initiative Targets $1 Billion for Nordic Real Estate Financing
Canada Adds 6 Federal Properties for Transition to Affordable Housing
The properties have the potential to create approximately 1,770 units of housing for middle-class Canadians. Continue Reading Canada Adds 6 Federal Properties for Transition to Affordable Housing
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