International News
Keller Williams Furthers European Presence with Hungarian Franchise
“We are proud to celebrate KW Hungary joining our Keller Williams Worldwide Family,” said William E. Soteroff, president of Keller Williams Worldwide. Continue Reading Keller Williams Furthers European Presence with Hungarian Franchise
Bank of Canada Announces New Rate Cut
The nation’s central bank reduced its target for the overnight rate by 25 basis points to 2.5%, with the Bank Rate at 2.75% and the deposit rate at 2.45%. Continue Reading Bank of Canada Announces New Rate Cut
Realogics Sotheby’s International Realty Releases 2023 Forecast Report
Realogics Sotheby’s International Realty (RSIR) released its 2023 Forecast Report, a macroeconomic housing report authored by Pacific Northwest brokerages who have analyzed the trends in 2022, evaluated what's occurred so far in Q1 for 2023 and are focused on where...
Will US Housing Crash The Economy?
Source: Bloomberg --- Welcome to Money Distilled. I’m John Stepek. Every week day I look at the biggest stories in markets and economics, and explain what it all means for your money. Could US Housing Crash The Economy? I’ve realised that one of the phrases I use most...
Cash: High Interest Rate Discourages Developers
Source: This Day --- The Chief Executive Officer, Wealth Island Properties Africa, Mr. Tade Cash in this interview with Kayode Tokede speaks on the impact of high interest rates environment on developers, among other property investment-related issues in Nigeria and...
The silver tsunami about to hit global property markets
Source: LiveWire --- The largest generational cohort (the baby boomers) have been drivers of extraordinary changes across the globe. Their influence on fashion, music, technology, policy and even the way cities have expanded is nothing to be sniffed at. And this...
Interest On A High, Yield On A Dip, Is Real Estate Losing Steam And Heading For A Life-Saving Drip?
Source: Outlook --- The tax benefit on the principal and interest payment is a significant attraction of real estate investing, in addition to capital growth and rental yield. The Union Budget and the Reserve Bank of India’s (RBI’s) monetary policy is vital for the...
Mortgage overpayments vs savings: what’s the best option for your cash?
Source: Which --- With interest rates hitting heights not seen for years, overpaying on your mortgage is a tempting move that could save you tens of thousands in the long run. Having the extra cash available to make overpayments isn't something open to everyone in...
Luxury Real Estate Market Insulated From Rising Rates and Inflation Performs Well
A five-year review of markets included in the Forbes Global Properties curated consumer marketplace of luxury homes has revealed a 34% increase in sales price within the top 20% of 2022 transactions. Furthermore, numerous markets, including the domestic and...
ICE to Take its Climate Risk Offering Globally with Dun & Bradstreet Supply Chain and Location Data
Intercontinental Exchange, Inc. (ICE) has inked an agreement with Dun & Bradstreet to leverage its global supply chain and corporate location data to expand ICE’s climate risk offering globally. As part of the agreement, Dun & Bradstreet also plans to...
Indian real estate industry to thrive in 2023 despite global headwinds
Source: The Times Of India --- The Indian real estate industry in 2022 has been a story of resilience and growth against the odds of rising construction costs, skyrocketing inflation, and successive RBI rate hikes amid the unprecedented global upswing. The sector saw...
UK Proptech Firm Expands Into US with Focus on Affordable Housing
LandTech, the London-based proptech firm that claims to enable property developers of all sizes to identify and assess off-market development opportunities, has expanded to the US, with the goal of helping the country deal with its housing shortage, which it...
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