International News

Canadian Housing Starts Mostly Flat in May

by Phil Hall | Jun 17, 2025

Montreal posted an 11% year-over-year increase in actual housing starts compared to May 2024, driven by more multi-unit starts. Continue Reading Canadian Housing Starts Mostly Flat in May

256-Unit Luxury Residential Tower to Rise Over Nairobi

by Phil Hall | Jun 17, 2025

Taher Saleh, managing director of SMB Properties, said, “Le Mirage Residences by CityBlue represents the pinnacle of luxury and architectural innovation in Kenya.” Continue Reading 256-Unit Luxury Residential Tower to Rise Over Nairobi

Hong Kong property investment activity to bounce back in 2023 as investors hunt for bargains, analysts say

by Third Party | Jan 23, 2023

Source: South China Morning Post --- Hong Kong’s property investment volume is expected to rise by up to 15 per cent this year from a 10-year low, as investors cautiously hunt bargains after significant price corrections amid rising interest rates, analysts said....

Crimean real estate no longer of interest to buyers

by Third Party | Jan 23, 2023

Source: Yahoo! --- According to the Restate platform, apartments are sold for an average of RUB 169,000 per square meter ($2,300 at the official exchange rate). This is still more expensive than apartments in new business-class buildings in Kyiv, which are subject to...

Global property market faces $175 billion debt spiral

by Third Party | Jan 22, 2023

Source: Crain's Chicago Business --- (Bloomberg)—The slump in the world’s biggest asset class has spread from the housing market to commercial real estate, threatening to unleash waves of credit turmoil across the economy. Almost $175 billion of real estate credit is...

Modernize in Moderation: Sellers of Old U.K. Homes Should ‘Make History Come Alive’ to Lure Buyers

by Third Party | Jan 21, 2023

Source: Mansion Global --- The U.K. is full of charming old homes. From Georgian to Tudor to Jacobean and medieval, there are homes on the market today that have been standing for 1,000 years. Loaded with history, they have character in spades and offer features and...

Average mortgage rate: Everything you need to know

by Third Party | Jan 20, 2023

Source: MPA Mag --- Mortgage rates depend on numerous factors, including the broader economic outlook and the individual borrower. Therefore, mortgage rates can fluctuate wildly not only within the same year—but within the same week, as well. In 2022, for example,...

European investors hit most by over-allocation to real estate – global survey

by Third Party | Jan 20, 2023

Source: IPE Real Assets --- Unlike their North American and Asia-Pacific counterparts, European institutional investors on average plan to decrease their weightings to real estate, having overshot their target allocations. According to the latest annual investment...

The Year of the Buyer: Canada’s Luxury Real Estate Market Shifts in Favour of Buyers as Opportunities Emerge Post-Pandemic

by Third Party | Jan 20, 2023

Source: Globe Newswire --- TORONTO, Jan. 18, 2023 (GLOBE NEWSWIRE) -- Following an era of exorbitant hyperinflation in Canadian luxury real estate, new post-pandemic benchmarks were established in 2022 as the housing market responded to a cascade of stressors. Against...

Colombia Again the No. 1 Country Searching Miami Real Estate; Texas is Top State and Lexington, Kentucky is Top U.S. City

by Third Party | Jan 19, 2023

Source: Yahoo! --- Colombia posted the most global web searches for Miami homes in December 2022, according to a new report by the MIAMI Association of REALTORS® (MIAMI). MIAMI, Jan. 17, 2023 /PRNewswire-PRWeb/ -- Colombia posted the most global web searches...

Five ways to reduce your mortgage repayments in 2023 – and why rates have risen so high

by Third Party | Jan 18, 2023

Source: The Conversation --- Around 4 million UK households will face higher mortgage costs in 2023 with average monthly payments expected to increase from £750 to £1,000. Banks’ lending rates are directly influenced by the Bank of England’s base rate, which rose nine...

Buying and Selling Real Estate in Canada – Ontario (Updated)

by Third Party | Jan 18, 2023

Source: JD Supra --- This guide offers an overview of legal aspects of buying and selling real estate in the requisite jurisdictions. It is meant as an introduction to these marketplaces and does not offer specific legal advice. This information is not intended to...