International News
Affordable Housing Activists Plan March Through Toronto
“Governments must stop throwing millions of dollars in subsidies and incentives at profit-making corporations,” said John Clarke of the group 230 Fightback. Continue Reading Affordable Housing Activists Plan March Through Toronto
Montreal Area Home Sales Up 10% from Last Year
Last month’s total of 22,462 active listings for single-family homes was unchanged from one year earlier. Continue Reading Montreal Area Home Sales Up 10% from Last Year
China’s property crash is prompting banks to offer mortgages to 70-year-olds
Source: CNN Business --- Hong KongCNN — The property market in China is so depressed that some banks are resorting to drastic measures, including allowing people to pay off mortgages until they are 95 years old. Some banks in the cities of Nanning, Hangzhou, Ningbo...
China’s property crash is prompting banks to offer mortgages to 70-year-olds
Source: CNN Business --- The property market in China is so depressed that some banks are resorting to drastic measures, including allowing people to pay off mortgages until they are 95 years old. Some banks in the cities of Nanning, Hangzhou, Ningbo and Beijing have...
Companies Plan Metaverse RE Development Connected to Real Cities
News out of London is that Web developers are hoping to strike it rich in real estate by connecting properties developed in Metaverse with real world cities. nChain, a developer of Web3 and Blockchain technologies, has formed a strategic alliance with Transmira Inc....
Ontario regulator warns real estate agents to watch for signs of fraudulent home sales
Source: CBC --- The body that regulates Ontario's 100,000 real estate agents and brokers is urging them to be more vigilant when verifying the identity of a client, amid a wave of fraudulent home sales and mortgages in the Toronto area. The Real Estate Council of...
Saudi Arabia’s Tourism Boosts Post-Covid Recovery of Real Estate Sector
Source: Skift --- The post-Covid recovery of the real estate sector in Saudi Arabia is led by increasing tourist demand and government spending on infrastructure projects such as the investment in King Salman International Airport, Deloitte noted in its latest real...
Keller Williams Expands into Germany
Keller Williams (KW), a global real estate franchise, announces continued worldwide expansion into Germany. “In 2013, we first set forth with our vision to expand outside of the U.S. and Canada,” said Gary Keller, executive chairman, KW. “And today, we’re...
Fixed Rate Ending? How To Avoid Falling Off A ‘Mortgage Cliff’
Source: Forbes --- An estimated 800,000 home loans totalling $350 billion will fall off a ‘mortgage cliff’ this year when the loan switches from a fixed interest rate to a higher variable rate, according to estimates from the Reserve Bank of Australia (RBA). More...
The Canadian Home Realty Inc. Launches Program to Assist Sellers in Receiving Higher Value for Their Property
Home sellers are finding that repairs or upgrades made to a home just before a sale will increase the price. Now, a real estate company in Canada is offering homeowners the funds required to make those repairs. The Canadian Home Realty Inc. introduced its renovation...
8 Best Places to Live in Mexico, According to Real Estate Experts
Source: Travel + Leisure --- Mexico is the ultimate vacation destination, with thousands of miles of beaches, mouthwatering cuisine, fascinating culture, and traditions steeped in thousands of years of history. But our southern neighbor has become increasingly...
The boom, bust and future of China’s real estate sector
Source: The Business Times --- SINCE the global financial crisis in 2008, the real estate sector has emerged as one of the most important engines of growth in China’s economy, contributing more than even external exports. A huge investment binge in infrastructure and...
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