real estate business news

American Equity customers urged to protest sale to Brookfield

The Unite Here union in a full-page Des Moines Register ad is urging customers of West Des Moines-based American Equity to protest its sale to a company affiliated with a private equity firm Sales of similar retirement annuity providers have resulted in money-losing investments in commercial real estate, cautions the union The deal could reap …

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Is the problem in real estate that houses cost too much, or that people expect too much?

As expensive as our big cities are to us here in Canada, they’re kind of a bargain on a global scale. In the recently issued 2023 Mercer Cost of Living survey, Toronto ranked 90th out of 227 cities, Vancouver 116th, Montreal 135th, Ottawa 137th and Calgary 145th. Nineteen US cities are more expensive than the …

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See the unique North Vancouver house a couple saved from demolition

Breadcrumb Trail Links Real Estate News Local News Local Arts Entertainment The stylish West Coast modern home was designed in 1950 by Fred Hollingsworth as a home for the masses. Published June 21, 2023 • Last updated 4 days ago • 4 minute read 805 Forest HillsDr. in North Vancouver is a 1,400-square foot home …

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Why Canada might just need a tenant revolution

(Photograph courtesy of Ricardo Tranjan; illustration by Maclean’s) Ricardo Tranjan wants Canadians to rethink what we call our national housing crisis. Tranjan, a researcher with the Canadian Center for Policy Alternatives, says what we’re experiencing can’t even be called a crisis—our housing system hasn’t suddenly failed. Instead it’s working exactly as designed, enriching property owners …

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Interest rate hikes and how they’ll affect Canadians: Canadian real estate news for June 10

Open this photo in gallery: This week in real estate, the Bank of Canada’s latest interest rate hikes and how they’ll affect fixed- and variable-rate mortgagesEdwin Ham Photography/Edwin Ham Photography Here are The Globe and Mail’s top housing and real estate stories this week, with the lowest mortgage rates available in Canada today, commentary from …

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Ripple to Showcase Real Estate Asset Tokenization Solution as part of the Hong Kong Monetary Authority’s Inaugural e-HKD Pilot Programme

Article content Innovative solution combining the e-HKD, tokenized real estate and lending protocols will run Ripple’s CBDC Platform HONG KONG & SAN FRANCISCO — Ripple, the leader in enterprise blockchain and crypto solutions, announced today that it has been selected to showcase a real estate asset tokenization solution as part of the Hong Kong Monetary …

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TikToker compares Canadian real estate prices to private islands and castles

Not ready to shell out $1.8 million for a duplex in downtown Kitchener? Your money might be better spent on a cliff-top Swedish castle for nearly the same price, according to Canadian TikToker “Millennial Moron.” The content creator, who declined to disclose his real name, has been gaining traction for his darkly comedic take on …

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