Rising borrowing costs are putting a strain on both property owners and homebuyers around the world. As central banks hike interest rates at the quickest rate in decades, driving down …
North America
According to recent data from Compass, price reductions in the Bay Area are up over 200%. The home market is still cooling down. This is in contrast to the extremely …
Some Canadian homes selling at a $200,000 discount
Homes are starting to sell at a discount, a pattern that was unfathomable only a few months ago in the once-hot Canadian real estate market. A five-bedroom luxury home in …
Inflation across Europe and US real estate value falls
A well-known executive in the real estate investment business says that after years of strong price increases, the US real estate market is going to slow down as buyers deal …
Real estate mogul Stephen Ross says recession will push employees back in the office
If the US faces a recession, real-estate mogul Stephen Ross told Bloomberg that employees may return to work out of fear of losing their jobs. “Employers have been hesitant because …
Manulife Bank survey finds that higher rates hurt Canadian homeowners
According to a poll by Manulife Bank, the Bank of Canada’s steep path to higher interest rates is putting some homeowners on the edge when it comes to paying their …