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Rocket Mortgage to Exit the Canadian Market

Rocket Mortgage to Exit the Canadian Market

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

Detroit-headquartered Rocket Mortgage is withdrawing from the Canadian housing market. According to combined media reports, the company initially expanded to Canada in 2020 with a headquarters in Windsor, Ontario. Rocket Mortgage plans to complete its exit from the...

Study: Municipal Fees Drive Up Canadian Homebuilding Costs

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

Municipal fees are driving up the costs of new home construction in Canada, according to the 2024 Municipal Benchmarking Study from the Canadian Homebuilders Association (CHBA). The study determined that municipal fees charged on new residential developments increased...
BGIS CEO Gordon Hicks Awarded the King Charles III Coronation Medal

BGIS CEO Gordon Hicks Awarded the King Charles III Coronation Medal

by Phil Hall | Mar 5, 2025 | Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

Gordon Hicks, CEO of the Markham, Ontario-based integrated facility management services firm BGIS, was awarded the King Charles III Coronation Medal in recognition of his longstanding support and contributions to Kids Help Phone and Youth Mental Health advocacy across...
New Listings in Canada Up 11%

New Listings in Canada Up 11%

by Phil Hall | Feb 18, 2025 | Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

The number of newly listed homes on the Canadian MLS Systems in January jumped by 11% from December to January, according to data from the Canadian Real Estate Association (CREA). However, the increased quantity of available properties did not result in a sales boost...
Canadian Housing Starts Up 3%

Canadian Housing Starts Up 3%

by Phil Hall | Feb 17, 2025 | Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

Canada recorded a 3% increase in the seasonally adjusted annual rate of housing starts in January with a total of 239,739 units, compared to December’s total of 232,492 units. The Canada Mortgage and Housing Corporation (CMHC) reported actual housing starts were up 7%...
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