International News
Brenda Buchanan Named CEO of Real Estate Council of Ontario
Buchanan served as the interim CEO following the February retirement of Michael Beard. Continue Reading Brenda Buchanan Named CEO of Real Estate Council of Ontario
Toronto Lawyer Charged with Multiple Fraud Counts Involving Real Estate Transactions
Singa Bui was charged with 24 counts of fraud over $5,000, 17 counts of criminal breach of trust and one count of possession of proceeds of crime over $5,000. Continue Reading Toronto Lawyer Charged with Multiple Fraud Counts Involving Real Estate Transactions
Why International Buyers Dream of Owning U.S. Real Estate
According to a recent survey by Coldwell Banker Real Estate LLC, and the Coldwell Banker Global Luxury program, affluent international buyers are dreaming big, spurned by location/lifestyle preferences, an overall positive outlook on the U.S. luxury real estate...
Searching for experience: How hospitality is reshaping the business of real estate
Source: The Times of India --- In this issue, we offer two perspectives on hospitality real estate, which has evolved from a specialist asset class to become a key component of many investor portfolios. Here we discuss the growing influence of hospitality in driving...
Real estate agent’s ‘brutal truth’ email draws praise for telling landlords not to overprice rentals as extremely low vacancy rates squeeze tenants
Source: Daily Mail --- A real estate agent has called out her landlord clients for jacking up the rent too much, with stunned tenants welcoming the 'brutal truth' of her comments. Ping Han from Place Sunnybank in Macgregor in Brisbane's south sent out a pointed...
Q&A on Mexico real estate with a top agent in San Miguel de Allende
Source: Mexico News Daily --- Meet Joseph W. Lown, a top Realtor® in San Miguel de Allende. With a deep connection to Mexico and a love for small cities, Joseph made a life for himself in San Miguel after moving there in 2009. As a seasoned real estate professional...
Hundreds of Sydney real estate agents on notice for breaching new rent bidding rules
Source: ABC News --- Hundreds of NSW real estate agents have been issued warnings for breaching new rent bidding rules and Fair Trading officials will now start attending open houses to stamp out illegal activity. Last December the state government outlawed...
How does the housing market affect financial and economic stability?
Source: Economics Observatory --- The global financial crisis of 2007-09 highlighted how housing markets can create massive financial and economic instability. Similarly, recent high inflation and economic uncertainty have had a big impact on house prices, rents and...
Toronto Real Estate Prices Just Made The Biggest Jump Since Rates Began Climbing
Source: Better Dwelling --- There’s a Canadian real estate correction? Apparently no one told Toronto. TRREB data shows home prices didn’t just climb in February, but made a 5-digit jump. Prospective buyers with their buyer-feet ice cold in the snow, stood puzzling...
BEACHFRONT, BRANDED RESIDENCES AND HOLIDAY HOMES: THE DUBAI REAL ESTATE TRINITY IN 2023
Source: International Banker --- In the nearly two decades that I have been in real estate, I haven’t witnessed a market with the level of activity that Dubai has shown in these past two years. Over the course of 2022, the market hit a value of AED 240 billion (GBP...
Officials: China real estate recovering from debt crackdown
Source: AP News --- BEIJING (AP) — China’s vast real estate industry is recovering from a slump triggered by tighter debt controls, a deputy central bank governor said Friday, after a wave of defaults by developers rattled global financial markets. Pan Gongsheng...
The Window Is Closing to Get a Deal as Hong Kong’s Home Market Perks Up
Source: Mansion Global --- The Hong Kong property market is expected to rebound later this year from a dismal 2022 that saw sales and prices plummet. A stock market rally, borders reopening and a focus on rejuvenating the economy have shored up investors’ confidence....
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