International News
Canadian Home Sales and Prices Up During July
The non-seasonally adjusted national average home price was $672,784 in July Continue Reading Canadian Home Sales and Prices Up During July
Starlight Investments Launches First Phase of Multifamily Community in British Columbia
Harris Green Village will bring 1,500 rental housing units over a three-phase construction period. Continue Reading Starlight Investments Launches First Phase of Multifamily Community in British Columbia
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...
Over 60 per cent of area condos owned by real estate investors
Source: Windsor Star --- Condominiums are the preferred choice of real estate investors in the Windsor area with 62.5 per cent of those residences being owned for revenue-generating purposes by individuals not living in them. The Statistics Canada study released...
Mortgage Calculator: Calculate Your Home Loan Repayments
Source: Forbes --- A mortgage is a necessary part of buying a home for many Australians, but it can be difficult to understand what you can actually afford. However, with home loan interest rates on the march, and the RBA indicating that rates are likely to keep...
Chinese property brokers despair as homebuyers sit on sidelines
Source: Financial Times --- Since the end of China’s zero-Covid policy late last year, property broker Wu Hong is so busy chasing new leads that she no longer has time to sit around playing cards with her colleagues. “Now I spend so much time talking to clients that I...
Cost of living: My mortgage deal is ending – what are my options?
Source: BBC News --- Almost two million households will see fixed-rate mortgage deals end this year, with most facing the prospect of higher monthly payments. What options do borrowers have? What's happening to mortgage rates? About 20% of residential...
Mortgage advice that you should think twice about following
Source: Mortgage Introducer --- Social media has given a platform for a lot of people claiming or making it appear that they are ‘experts’ on certain subjects, including mortgages. People can watch them anytime and anywhere, so the potential to reach a lot of...
Why growth of reverse mortgages is surging despite rapid rise in interest rates
Source: The Globe and Mail --- Reverse mortgages have always been a controversial financial product, but that hasn’t stopped their expansion in Canada or from becoming a growing source of interest among advisors as a potential recommendation for certain clients. A...
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