International News
91-Unit Rental Home Community Opens in Edmonton
The Parkside North Townhomes were built on the former military base Griesbach Barracks. Continue Reading 91-Unit Rental Home Community Opens in Edmonton
Canadian Home Sales at 4-Year High for the Month of September
The non-seasonally adjusted national average home price was $676,154 in September, up 0.7% from one year ago. Continue Reading Canadian Home Sales at 4-Year High for the Month of September
HonestDoor Extends Brokerage Service Across Canada
“Our brokerage service offers a compelling alternative to traditional real estate listings,” said Daniel Belostotsky, co-founder and CEO of HonestDoor. ” Continue Reading HonestDoor Extends Brokerage Service Across Canada
BTY Group Opens Halifax Office
“Atlantic Canada is experiencing unprecedented population growth, fueled by both interprovincial migration and international immigration,” said BTY’s Jamie MacGillivray, Continue Reading BTY Group Opens Halifax Office
Christie’s International Real Estate Opens Dominican Republic Office
The new brokerage is owned by partners Alex Irrer, Eric Walstrom and Auburn Lucas. Continue Reading Christie’s International Real Estate Opens Dominican Republic Office
Bank of England Keeps Rates at 15-Year High
Three members of the Monetary Policy Committee sought a 0.25 percentage point rate hike. Continue Reading Bank of England Keeps Rates at 15-Year High
Green Street Acquires Britain’s Local Data Company
This is the third acquisition since 2020 for Newport Beach, California-based Green Street. Continue Reading Green Street Acquires Britain’s Local Data Company
CMHC Chief Romy Bowers Leaving for IMF Position
Bowers joined CMHC in 2015 as the agency’s chief risk manager and took on the chief executive duties in 2020. Continue Reading CMHC Chief Romy Bowers Leaving for IMF Position
Corcoran Group Launches First Canadian Franchise
Owned and led by CEO Cliff Rego, the brokerage will serve clients in the greater Toronto area and throughout the entire Ontario province. Continue Reading Corcoran Group Launches First Canadian Franchise
Equiton Closes $21.5 Million Acquisition of Multifamily Property in London, Ontario
The nine-story Scenic Tower has 115 units, and 148 combined outdoor and underground parking spots. Continue Reading Equiton Closes $21.5 Million Acquisition of Multifamily Property in London, Ontario
How Will Another Rate Hike Impact Canadian Mortgage Holders?
Among the changes being weighed are starting an additional job (17%), extending their amortization (16%) and selling their home (9%). Continue Reading How Will Another Rate Hike Impact Canadian Mortgage Holders?
Canadian Home Starts Up in September
Bob Dugan, CMHC’s chief economist, said. “Multi-unit starts activity has persisted and maintained similar levels to 2022 despite the higher interest rate environment.” Continue Reading Canadian Home Starts Up in September
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