International News
Bank of Canada Leaves Rates Unchanged
The central bank stated that “housing activity declined in the fourth quarter and is being held back by slow population growth, economic uncertainty and ongoing affordability issues.” Continue Reading Bank of Canada Leaves Rates Unchanged
South Korea to Track Crypto in Real Estate Transactions for Potential Tax Evasion
Under current law, authorities can impose taxes if the source of funds for a property purchase cannot be verified. Continue Reading South Korea to Track Crypto in Real Estate Transactions for Potential Tax Evasion
Hits and Misses for the Real Estate Week of Dec. 1-5
A residential property tax hike in Boston, an investigation into Bill Pulte, and a surprise squatter in a California homeowner’s residence. Continue Reading Hits and Misses for the Real Estate Week of Dec. 1-5
New Platform Launched for Foreign Buyers in Saudi Arabian Real Estate Market
Saudi Arabia’s Real Estate General Authority (REGA) has launched "Saudi Properties" as the official platform for all real estate ownership transactions by non-Saudis within the kingdom. The new platform comes ahead of the Non-Saudi Property Ownership Law that goes...
Toronto Home Sales and Prices Down in November
The average selling price of $1.03 million was 6.4% lower compared to November 2024. Continue Reading Toronto Home Sales and Prices Down in November
More Than Two-Thirds of EU Households are Homeowners
Germany was the only EU country where tenants (53% of the population) were in greater numbers than homeowners. Continue Reading More Than Two-Thirds of EU Households are Homeowners
eXp Realty Debuts International Property Search Platform
The new platform at LYVVE.com includes listings from nearly 30 countries. Continue Reading eXp Realty Debuts International Property Search Platform
New Study Tracks 10-Year Decline in Quebec’s Home Affordability Levels
Ten years ago, it took Quebec buyers about three years to save for the down payment, whereas it now takes five years. Continue Reading New Study Tracks 10-Year Decline in Quebec’s Home Affordability Levels
Japan to Create National Database Tracking Foreign Ownership of Real Estate
The new database comes in the wake of growing public concerns over increasing foreign acquisitions of Japanese land and water sources. Continue Reading Japan to Create National Database Tracking Foreign Ownership of Real Estate
New ‘Mansion Tax’ Coming to England
Tens of thousands of properties could be impacted by this new tax, with most of the residences located in London. Continue Reading New ‘Mansion Tax’ Coming to England
Sutton Group Acquires Real Estate Tech Firm Homicity
Jamie Blades, founder and CEO of Homicity, will join Sutton Group as vice president of technology. Continue Reading Sutton Group Acquires Real Estate Tech Firm Homicity
Real Estate Finance Firm KV Capital Expands to Toronto
The new office is the company’s third location, joining its Edmonton headquarters that opened in 2006 and a Calgary office that opened in 2023. Continue Reading Real Estate Finance Firm KV Capital Expands to Toronto
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