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Canada Invests Nearly $71 Million into 207 Rental Units in Montreal

by Phil Hall | Oct 16, 2024 | Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

The Canadian government is investing nearly $71 million for the construction of 207 purpose-built rental units in Montreal. Funding for this endeavor will be provided as fully repayable, low-interest loans through the Apartment Construction Loan Program (ACLP), which...
Toronto Home Sales Up While Prices Drop

Toronto Home Sales Up While Prices Drop

by Phil Hall | Oct 3, 2024 | Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

Home sales were up in the Greater Toronto Area (GTA) during September while prices were down, according to new data from the Toronto Regional Real Estate Board (TRREB). A total of 4,996 home sales were recorded through TRREB’s MLS System last month, up 8.5% from the...
British Columbia Real Estate Association Calls for Review of Short-Term Rental Ban

British Columbia Real Estate Association Calls for Review of Short-Term Rental Ban

by Phil Hall | Sep 23, 2024 | Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

The British Columbia Real Estate Association (BCREA) is seeking a review of the province’s recently passed ban on short-term rentals, stating they have created disruptions in the local business and tourism sectors. The British Columbia government enacted a widespread...
Year-to-Date Luxury Home Sales in Canada on the Rise

Year-to-Date Luxury Home Sales in Canada on the Rise

by Phil Hall | Sep 19, 2024 | Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

Sales of luxury Canadian homes were up in the first eight months of the year compared to the same period in 2023, according to the newly published 2024 Royal LePage Carriage Trade Luxury Market Report. Sales were on the rise in almost all major cities in Canada,...
Montreal Home Sales Up 9% in August

Montreal Home Sales Up 9% in August

by Phil Hall | Sep 6, 2024 | Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

Home sales were on the rise in the Montreal market during August, according to data from the Quebec Professional Association of Real Estate Brokers (QPAREB). There were nearly 3,000 residential sales last month in Montreal Census Metropolitan Area (CMA), up by 9% or...
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