International News
New Study Tracks 10-Year Decline in Quebec’s Home Affordability Levels
Ten years ago, it took Quebec buyers about three years to save for the down payment, whereas it now takes five years. Continue Reading New Study Tracks 10-Year Decline in Quebec’s Home Affordability Levels
Japan to Create National Database Tracking Foreign Ownership of Real Estate
The new database comes in the wake of growing public concerns over increasing foreign acquisitions of Japanese land and water sources. Continue Reading Japan to Create National Database Tracking Foreign Ownership of Real Estate
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
Yardi Offers Online Vendor Monitoring Platform in Canada
Yardi clients in Canada can enter their vendor criteria into the platform and leverage its data sourcing to collect, verify and audit vendor insurance data. Continue Reading Yardi Offers Online Vendor Monitoring Platform in Canada
Report: Change Immigration Policy to Fix Canada’s Construction Labor Shortages
Canadian immigration policies do not prioritize construction trade professionals. Continue Reading Report: Change Immigration Policy to Fix Canada’s Construction Labor Shortages
Russia Threatens Finland Over Real Estate Confiscation Rules
“We will not leave without a proper response such actions of the so-called civilized Finnish state,” said foreign ministry spokesperson Maria Zakharova. Continue Reading Russia Threatens Finland Over Real Estate Confiscation Rules
Q3 Canadian Home Prices Up 3.6% Year-Over-Year
Royal LePage is forecasting that the aggregate price of a home in Canada will increase 7% year-over-year in the fourth quarter. Continue Reading Q3 Canadian Home Prices Up 3.6% Year-Over-Year
Lango Real Estate Speeds Up Plans to Go Public
Managing Director Thomas Reilly said the company is in discussions with the London Stock Exchange to start the listing process. Continue Reading Lango Real Estate Speeds Up Plans to Go Public
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