International News
Canada Unveils Program for Energy Bill Reductions
Using a direct-installation model, CGHAP participants will not have to pay out of pocket for upgrades to their homes. Continue Reading Canada Unveils Program for Energy Bill Reductions
Study: Canadians Re-Evaluating Their Relationships with Lenders
56% of mortgage holders say they will explore refinancing with a different lender when it comes time to renew. Continue Reading Study: Canadians Re-Evaluating Their Relationships with Lenders
Okanagan real estate feeling the impact of higher interest rates
Source: Global News --- The Okanagan single-family home market appears to be feeling the impact of higher interest rates. The Association of Interior Realtors released data for January, showing that benchmark home prices were down in January throughout the region....
20 Most Valuable Real Estate Companies in the World
Source: Yahoo! --- In this article, we will discuss the 20 Most Valuable Real Estate Companies in the World. You can skip our industry overview and go directly to the 5 Most Valuable Real Estate Companies in the World. The global real estate industry involves the...
Chinese balloon prompts worries over foreign-owned farms in Utah, other states
Source: The Salt Lake Tribune --- Harlowton, Mont. • Near the banks of Montana’s Musselshell River, cattle rancher Michael Miller saw a large, white orb above the town of Harlowton last week, a day before U.S. officials revealed they were tracking a suspected Chinese...
Why education is set to be doubly important for agents in 2023
Source: MPA Mag --- Always an essential component of the mortgage broker and agent professions, education is set to take on even greater value this year as the market changes and many borrowers turn towards alternative financing solutions, according to an...
Three things government could do to support the housing market now
Source: MPA Mag --- With the housing market enduring a period of turmoil, along with the expiration of Help to Buy, there is now a conversation to be had on what the government might do to help stabilise or support the market. When it comes to any potential new...
London house prices fell by £11,000 on average in January
Source: Metro --- London house prices fell by an average of £11,000 in the first month of 2023, according to new data. The average value of homes fell by roughly £11,073 from £541,472 to £530,396 in January compared to the month before. According to new data from...
A Strong Dollar Has U.S. Buyers Flooding Overseas Housing Markets
Source: Mansion Global --- John and Felicia Magliula are self-acknowledged adventurers, but now that they have two young daughters, they’re settling down. Just not in New Jersey where they grew up. “We decided we wanted to move to the Caribbean and St. Croix rose to...
Mortgage demand to hit 12-year low as high interest rates hammer borrowers
Source: The Telegraph --- Mortgage demand will hit a 12-year low this year as high interest rates pummel borrowers. UK mortgage lending will grow by just 0.4pc in 2023, the slowest rate since 2011, according to economic forecaster the EY Item Club. Anna Anthony, UK...
Dutch housing update: house prices, transparency and borrowing
Source: Dutch News --- 2023 has started up with a flurry of housing news, including a further drop in house prices and predictions of more to come. House prices are continuing to fall House prices fallen for five months in a row as rising interest rates reduce...
Cost of fixed-rate mortgages set to fall as UK inflation outlook brightens
Source: Financial Times --- Interest rates on five-year fixed mortgages are set to drop below 4 per cent after the Bank of England suggested inflation may come under control sooner than expected, according to brokers. The central bank on Thursday raised its benchmark...
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