International News
Canadian Housing Starts Up Slightly
Vancouver recorded a 74% increase in starts this month while Montreal posted an 8% year-over-year decrease and Toronto experienced a 40% year-over-year decrease. Continue Reading Canadian Housing Starts Up Slightly
For Sale: Melbourne Home with a Jail Cell
The property was once a police station that had been converted to a five-bedroom residence in the 1980s. Continue Reading For Sale: Melbourne Home with a Jail Cell
Adam Redolfi the UHWNI go-to international broker gives us his outlook for 2023 Global Real Estate Market
Source: Ocean Drive --- With a track record of over a half a billion traded throughout the world in is career Adam Redolfi the leader of Barnes International Realty and Miami’s top French producer has agreed to sit down with us to catch up on the last year of business...
Real estate investors say pricing and interest rate uncertainties are influencing capital deployment in Asia Pacific – JLL
Source: RE Talk Asia --- Global real estate investors acknowledge they will encounter a fresh set of challenges in 2023, identifying pricing and interest rate uncertainties as the main factors influencing capital deployment into Asia Pacific commercial real estate....
Federal government is not powerless to stop Chinese real estate deals near sensitive US military bases
Source: The Hill --- Is the U.S. government unprepared to respond to a Chinese company purchasing land near a vital military base? The Air Force recently wrote Congress to explain that the interagency Committee on Foreign Investment in the United States (CFIUS) lacked...
London property forecast: capital predicted to be global ‘megacity’ with house prices 12 times incomes by 2037
Source: Evening Standard --- With house prices expected to reach 12 times annual salaries, the capital is set to become one of the least affordable cities in the world. London is set to become one of the least affordable cities in the world, along with Tokyo, Tel...
Home Sales and New Listings Drop in February for Greater Toronto Area
February sales in the Greater Toronto Area (GTA) were down substantially from the pre-rate hike levels of early 2022, according to the Toronto Regional Real Estate Board. However, the number of new listings also dropped substantially year-over-year. The result was...
GUIDE ON CHOOSING A REAL ESTATE AGENT IN DUBAI
Source: Realty Biz News --- Dubai's real estate market is fast-paced, and choosing the right broker can make all the difference in selling or buying property. There are many agents to choose from, and it can be challenging to determine which one is the best fit for...
International: Should we engage in estate planning for assets we HOPE will appreciate?
Source: Lexology --- In brief A fundamental estate planning principle frequently discussed when I was a student studying for my LL.M in the Estate Planning program at the University of Miami, and which remains a teaching point to this day, is that it is better to gift...
Opteon Announces Expanded Consumer Appraisal Offerings
Opteon, an international provider of valuation, advisory, and property services, has announced the expansion of its direct-to-consumer business model. This expansion will provide homeowners and buyers, as well as real estate, legal, and tax professionals, with the...
Australia Recession Risk Rises as RBA Seen Hiking More Than Fed
Source: Bloomberg --- Reserve Bank of Australia chief Philip Lowe’s expectation of further interest-rate rises ahead has prompted economists and money markets to narrow the odds of a recession in the $1.5 trillion economy. There is now a better than one-in-three...
What are the equity release options for you?
Source: The Irish News --- HAVING covered equity release in as much detail as I could over the last few weeks, I'll now detail the options available for those of you considering releasing equity. There are two types of equity release (although I could argue that...
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