International News
Scott Neil to Become CEO at Realtor.ca Canada
Neil was previously CEO at the online marketplace Kijiji Canada. Continue Reading Scott Neil to Become CEO at Realtor.ca Canada
Bank of England Opts to Hold Rates Steady
The Monetary Policy Committee voted 5-4 not to cut rates at a time when the UK’s annual rate of consumer price inflation stood at 3.8%. Continue Reading Bank of England Opts to Hold Rates Steady
Canadian Fintech Bloom Finance Co. Expands Reverse Mortgage Platform to Alberta
The expansion follows Bloom’s launch in Ontario in 2021 and British Columbia in 2022. Continue Reading Canadian Fintech Bloom Finance Co. Expands Reverse Mortgage Platform to Alberta
Mumbai’s Luxury Home Market Sales Up 50% in First Half of 2023
Wealthy Indians, Bollywood movie stars and overseas high net-worth individuals are responsible for much of this activity. Continue Reading Mumbai’s Luxury Home Market Sales Up 50% in First Half of 2023
The Most Peaceful Place on Earth Is…
Afghanistan was named the least peaceful place in the world. Continue Reading The Most Peaceful Place on Earth Is…
Rocket Mortgage Canada Becomes Mortgage Lender
The company will continue to operate as a mortgage broker. Continue Reading Rocket Mortgage Canada Becomes Mortgage Lender
Hilco Real Estate Finance Takes Aim at the UK Market
HREF will provide loans ranging from £1 million to £50 million and loan-to-value ratios of up to 75%. Continue Reading Hilco Real Estate Finance Takes Aim at the UK Market
Canadian Housing Starts Up in June
Toronto and Vancouver accounted for 47% of total housing starts in Canada’s urban centers during June. Continue Reading Canadian Housing Starts Up in June
Canadian Home Sales Up in June
The national average home price (not seasonally adjusted) was $709,218 in June 2023. Continue Reading Canadian Home Sales Up in June
Fidelity Investments Teams with Brookfield on Canadian Private Real Estate Investment Portfolio
“We are pleased to be working with Fidelity to bring the benefits of private real estate to individual investors in Canada,” said Brian Kingston, CEO of Brookfield’s real estate business. Continue Reading Fidelity Investments Teams with Brookfield on Canadian Private Real Estate Investment Portfolio
Ontario Nonprofit Plans to Fund Affordable Housing Expansion with Community Bonds
“Haliburton County faces a severe housing crisis due to a chronic shortage of affordable rentals,” said P4P’s Fay Martin. Continue Reading Ontario Nonprofit Plans to Fund Affordable Housing Expansion with Community Bonds
UK Mortgage Rate Hits 15-Year High
The trade organization U.K. Finance has predicted 800,000 Britons will need to refinance loans in the second half of this year. Continue Reading UK Mortgage Rate Hits 15-Year High
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