Elysium Investments Secures Approval for 36-Story Toronto Rental Housing Development

by Phil Hall | Aug 7, 2026 | Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

Elysium Investments Inc. announced that it has secured approval from the Toronto City Council to proceed with a 36-story rental housing development in Toronto’s Bayview-Eglinton neighborhood. The development will provide 339 rental homes, including 83...

Q2 Commercial/Multifamily Borrowing Up 16%

by Phil Hall | Aug 7, 2026 | Commercial Real Estate News, Current News & Events, Mortgage Information, Real Estate News, WRE News Exclusive

Commercial and multifamily mortgage loan originations during the second quarter were up by 12% from the prior quarter and up 16% from one year earlier, according to data from the Mortgage Bankers Association (MBA). The lending volumes were fueled by a rise in...

Mortgage Rates Rise for Fifth Straight Week

by Phil Hall | Aug 6, 2026 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage rates continued rising for the fifth straight week to a level not seen in over a year, according to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.69% as of Aug. 6, up from last week when...

International Buyers Spent $4 Billion to Buy Homes in Texas

by Phil Hall | Aug 6, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

International buyers bought approximately 7,780 homes in Texas between April 2025 to March 2026, up from 7,500 the year before, according to data from Texas Realtors. Those buyers purchased $4 billion in residential property, down from $4.8 billion in the prior...

Toronto Home Sales Dip Amid 18% Decline in New Listings

by Phil Hall | Aug 6, 2026 | Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

A total of 5,995 homes were sold through the Toronto Regional Real Estate Board’s (TRREB) MLS System in July, a mild 0.9% decline from one year earlier. New listings entered into the MLS System amounted to 14,484, a rather significant 17.8% year-over-year drop. On a...