International News
Meraas Previews Masterplan for New Dubai Waterfront Development
The timeline and budget for the project were not disclosed. Continue Reading Meraas Previews Masterplan for New Dubai Waterfront Development
Report: Australian Home Prices Could Double by 2030
Buyers could be paying 75% more for homes in Adelaide by 2030. Continue Reading Report: Australian Home Prices Could Double by 2030
Canada Invests $1.5 Billion into Co-op Housing Program
Housing Minister Sean Fraser said that “co-operative housing is able to keep housing affordable for the long term.” Continue Reading Canada Invests $1.5 Billion into Co-op Housing Program
European Central Bank Cuts Interest Rate for First Time in Nearly Five Years
This follows the Bank of Canada’s reducing of its main interest rate by 25 basis points to 4.75%. Continue Reading European Central Bank Cuts Interest Rate for First Time in Nearly Five Years
Toronto Home Sales and Prices Declined in May
The average selling price of $1.16 million, down by 2.5% over the May 2023 result of $1.19 million. Continue Reading Toronto Home Sales and Prices Declined in May
Bank of Canada Announces First Rate Cut in 4 Years
The central bank said its “monetary policy no longer needs to be as restrictive.” Continue Reading Bank of Canada Announces First Rate Cut in 4 Years
Vancouver Home Sales Slump Despite Spike in Inventory
The total number of properties currently listed for sale is 13,600, a 46.3% increase from one year before. Continue Reading Vancouver Home Sales Slump Despite Spike in Inventory
FractIt Completes Pilot Program for Tokenizing a Condo
The condo was tokenized into 235 Fractables, each priced at $1,000. Continue Reading FractIt Completes Pilot Program for Tokenizing a Condo
Global Analyst Poll Predicts Continued Evaporation of Affordable Homeownership Opportunities
The world’s major economies will continue to face rising house prices and diminished affordable homeownership opportunities in the near future, according to a Reuters poll of roughly 100 property analysts in the U.S., Canada, the U.K., Germany, India, Australia and...
One-Third of Canadians Predict Bank of Canada Rate Cut Next Week
Most Canadians believe lower interest rates will make it more affordable for covering mortgage costs. Continue Reading One-Third of Canadians Predict Bank of Canada Rate Cut Next Week
Canada Allocates $5 Million for Shared Equity Mortgages in Ontario
The shared equity mortgage typically requires no monthly payment and is repaid along with a percentage of property appreciation when the property is sold. Continue Reading Canada Allocates $5 Million for Shared Equity Mortgages in Ontario
European Central Bank Readies for Rate Cut Next Week
The ECB’s planned actions would follow recent cuts enacted by the Swedish, Swiss, Czech and Hungarian central banks. Continue Reading European Central Bank Readies for Rate Cut Next Week
NEWS CATEGORIES
Follow Us!
© Weekly Real Estate News 2024 Privacy Policy Terms of Use