International News
South Korea Creates Task Force to Address Real Estate Fraud
The government cited “artificially inflating home prices, false transaction reports, and fraudulent subscriptions” as the main concerns that sparked the task force’s creation. Continue Reading South Korea Creates Task Force to Address Real Estate Fraud
Hits and Misses for the Real Estate Week of Oct. 27-31
Government officials being forced out of their homes by threats of violence, Zohran Mamdani’s silence on contentious housing proposals, and a soccer stadium where you’d least expect it. Continue Reading Hits and Misses for the Real Estate Week of Oct. 27-31
Coldwell Banker Expands Presence in Africa
The new franchise will focus on both residential and commercial clients. Continue Reading Coldwell Banker Expands Presence in Africa
New Ownership for Unfinished Ontario Condo Complex
At the moment, only one of the 15-story towers is more than halfway through construction. Continue Reading New Ownership for Unfinished Ontario Condo Complex
Winnipeg Real Estate Agent Gets License Suspended for Concealing Home’s Defects
Mahmood Peyawary is a Royal LePage agent who was both the seller and listing agent on the property. Continue Reading Winnipeg Real Estate Agent Gets License Suspended for Concealing Home’s Defects
Morguard Breaks Ground on Rental Community in Mississauga
“This project will enable residents to experience rental living at a higher level,” said Morguard Senior Vice President of Development Brian Athey. Continue Reading Morguard Breaks Ground on Rental Community in Mississauga
Moscow’s Luxury Housing Market Sales Hits Record High
1,270 luxury apartments were sold in Moscow between January and September. Continue Reading Moscow’s Luxury Housing Market Sales Hits Record High
Ares Management Corporation to Acquire GCP International
Ares Management Corporation (NYSE: ARES) announced it will acquire the GCP International, the global business of GLP Capital Partners Limited, for approximately $1.8 billion in cash and approximately $1.9 billion in Ares Class A Common Shares. According to the...
Competition Bureau Begins Probe into Canadian Real Estate Association
CREA Chairman James Mabey said the organization’s “rules and policies are both pro-competitive and pro-consumer.” Continue Reading Competition Bureau Begins Probe into Canadian Real Estate Association
Toronto Home Sales Up While Prices Drop
The average selling price last month of $1.10 million was down by less than 1% one year earlier. Continue Reading Toronto Home Sales Up While Prices Drop
Now Listed: London Apartment Adjacent to William and Kate
As for the rent, the new tenant can expect to pay £20,000 ($26,527) per week. Continue Reading Now Listed: London Apartment Adjacent to William and Kate
Australia’s Opposition Leaders Seeks 2-Year Ban on Homebuying by Foreigners
Foreign buyers account for roughly 1% of all residential property transactions. Continue Reading Australia’s Opposition Leaders Seeks 2-Year Ban on Homebuying by Foreigners
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