International News
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
Lennard Commercial Realty Opens Vancouver Office
The Vancouver office will be led by Partners Allon Shapiro and Aaron Ulinder. Continue Reading Lennard Commercial Realty Opens Vancouver Office
eXp Luxury Expands Into Canada
eXp Luxury was introduced in the U.S. last October and grew to 700 members within less than a year. Continue Reading eXp Luxury Expands Into Canada
Equiton Acquires Toronto Land for Condo Development
The proposed Vicinity Condos will be a mid-rise condominium with approximately 150 units ranging from studios to three-bedroom layouts. Continue Reading Equiton Acquires Toronto Land for Condo Development
Bank of Canada Holds Rates, But Warned it May Enact Future Hikes
“The Canadian economy has entered a period of weaker growth, which is needed to relieve price pressures,” said the bank in a statement. Continue Reading Bank of Canada Holds Rates, But Warned it May Enact Future Hikes
RE/MAX Canada Forecasts Softer Canadian Housing Market for the Fall
More than half of Gen Zs and nearly half of Millennials postponed their house buying due to a lack of affordable options. Continue Reading RE/MAX Canada Forecasts Softer Canadian Housing Market for the Fall
Smith Financial Corp. Completes Acquisition of Home Capital Group
Last November, Home Capital agreed to be acquired for $1.2 billion. Continue Reading Smith Financial Corp. Completes Acquisition of Home Capital Group
Proptech Fortress Technology Solutions Expands into Canada
“We believe that the property management landscape is as unique as the locations it serves,” said CEO Kerri Davis. Continue Reading Proptech Fortress Technology Solutions Expands into Canada
Canada’s Eppich II House Listed for $12.8 Million
The main house features floor-to-ceiling glass held between steel beams and is decorated with custom-designed furniture. Continue Reading Canada’s Eppich II House Listed for $12.8 Million
JLL to Run Global Facilities Management in Rolls-Royce’s Real Estate Portfolio
The assignment covers 15 million square feet of manufacturing, warehouse and office space at 44 sites in six countries. Continue Reading JLL to Run Global Facilities Management in Rolls-Royce’s Real Estate Portfolio
Stéphane Amine Takes Leadership Role at Inovalis REIT
He replaces David Giraud, who is stepping down for undisclosed personal reasons. Continue Reading Stéphane Amine Takes Leadership Role at Inovalis REIT
Aviva Canada Invests in Condo-Focused Fintech OneClose
“This investment aligns with Aviva’s mission to drive value for our clients,” said Andy Armstrong, head of developer surety and home warranty at Aviva Canada. Continue Reading Aviva Canada Invests in Condo-Focused Fintech OneClose
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