International News
Hits and Misses for the Real Estate Week of Nov. 17-21
An affordability challenge in rural America, Canadian and American renters consider the pursuit of homeownership, and Arkansas realtors helping communities facing food insecurity. Continue Reading Hits and Misses for the Real Estate Week of Nov. 17-21
Report: Ontario Households Spend More Than 50% of After-Tax Earnings for Mortgage Payments
“There is a perception that housing outside of the GTA is still somewhat affordable, but that’s not true,” said Austin Thompson, senior policy analyst with the Fraser Institute. Continue Reading Report: Ontario Households Spend More Than 50% of After-Tax Earnings for Mortgage Payments
Bank of Canada Cuts Rates for Second Straight Month
“We are increasingly confident that the ingredients to bring inflation back to target are in place,” said Governor Tiff Macklem. Continue Reading Bank of Canada Cuts Rates for Second Straight Month
Investment Firm Stonepeak Acquires New Zealand Retirement Village Operator
Stonepeak, a New York City-based alternative investment firm specializing in infrastructure and real assets, is acquiring Arvida Group Limited, one of New Zealand’s largest retirement and aged care providers, in an all-cash transaction valued at approximately $1.25...
13th Century English Abbey Listed at $4.5 Million
Burnham Abbey was founded in 1266 by Richard, Earl of Cornwall, the brother of King Henry III. Continue Reading 13th Century English Abbey Listed at $4.5 Million
RBC Retrofits Canadian Branch Network to Reduce Carbon Emissions
RBC stated that nearly 40% of its operational carbon emissions stem from its retail locations across Canada. Continue Reading RBC Retrofits Canadian Branch Network to Reduce Carbon Emissions
European Central Bank Holds Interest Rate
The ECB stated it was “not pre-committing to a particular rate path.” Continue Reading European Central Bank Holds Interest Rate
Canadian Housing Starts Down 9% in June
Montreal housing starts soared by 226% June year-over-year. Continue Reading Canadian Housing Starts Down 9% in June
The Country Attracting the Most British Expatriates Is…
“We expect Spain to stay a popular destination for British movers throughout 2024,” said Dave Sayce, founder and managing director of Compare My Move. Continue Reading The Country Attracting the Most British Expatriates Is…
Report: Immigrant Influx Exacerbates British Columbia’s Housing Problems
30,621 housing units were completed in 2023 in the province’s seven Census Metropolitan Areas, a 1% uptick from 2022. Continue Reading Report: Immigrant Influx Exacerbates British Columbia’s Housing Problems
Quebec’s Q2 Home Sales Up 12%
The single-family home median price across Quebec grew by 5% year-over-year to $452,500. Continue Reading Quebec’s Q2 Home Sales Up 12%
Christie’s International Real Estate Expands into Luxembourg
Christie’s International Real Estate has affiliates in more than 20 countries. Continue Reading Christie’s International Real Estate Expands into Luxembourg
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