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Canadian Home Sales Down in March

Canadian Home Sales Down in March

by Phil Hall | Apr 15, 2025 | Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

Home sales across Canada were down in March by 4.8% from the previous month and were down 9.3% from one year earlier, according to data from the Canadian Real Estate Association (CREA). National home sales are now down 20% from their recent high recorded last November...

New Advocacy Campaign Aims to Highlight Housing Issues During Canada’s Election

by Phil Hall | Apr 7, 2025 | Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

The Housing Canada Coalition has launched the “End the Housing Game” advocacy campaign to ensure housing and homelessness are key issues in the upcoming federal election. The campaign will focus on the challenges facing the Canadian housing market, noting elevated...
Fraudster Awaiting Sentencing for RV Site Scams Hit with New Charges for Similar Scheme

Fraudster Awaiting Sentencing for RV Site Scams Hit with New Charges for Similar Scheme

by Phil Hall | Apr 4, 2025 | Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

A Canadian man who was found guilty and is awaiting sentencing for scamming buyers of RV sites in British Columbia is facing new charges by Calgary police for coordinating a similar scheme in Alberta. The Calgary Herald reports that Craig Douglas McMorran was found...

Forecast: Increased Investment in Canadian Residential Construction Through 2034

by Phil Hall | Apr 4, 2025 | Current News & Events, International Real Estate News, Real Estate Investing, Real Estate News, WRE News Exclusive

Investment in Canada’s residential sector will move past a mostly stagnant 2025 into a steady series of increases from 2026 to 2034, according to the 2025–2034 Construction and Maintenance Looking Forward forecast published by BuildForce Canada. The forecast predicts...
Hudson’s Bay, Canada’s Oldest Retailer, to Close Nearly All Stores

Hudson’s Bay, Canada’s Oldest Retailer, to Close Nearly All Stores

by Phil Hall | Mar 24, 2025 | Commercial Real Estate News, Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

The retailer Hudson’s Bay, Canada’s oldest continuously operating company, has begun liquidating nearly all of its stores. According to combined media reports, the company – which dates to 1670 – filed for creditor protection earlier this month. It owes $950 million...
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