Housing
First-time homebuyers in Ontario, Canada, have received a significant boost in their pursuit of homeownership with the introduction of the First-Time Home Buyer GST Rebate. The rebate officially took effect on May 27, 2025, and provides up to $50,000 in GST savings on new homes priced at or under
Housing
South Korea's housing market in Seoul is witnessing a significant surge in sales prices, with a 0.26% increase in apartments prices in the second week of June, according to a Korea Real Estate Board survey. This marked the steepest week-on-week increase in 2025, driven by optimism among
Housing
In a trade war that has battered various sectors, Canada's housing market, long treated like a "go-to" sector for growth, is experiencing a downturn that experts say could have significant implications for the economy. According to Toronto Dominion Bank chief economist Beata Caranci, the housing market&
Housing
Muskoka, a picturesque region in Ontario, is facing a severe housing affordability crisis. Lifelong resident Melissa Johnson is struggling to find a home in her hometown of Bracebridge, despite her best efforts to get a mortgage pre-approval. The region's housing prices skyrocketed during the pandemic, making it nearly
Housing
As the US housing market sees a historic shift with nearly 500,000 more sellers than buyers, buyers are finally gaining an edge - provided they can handle the higher mortgage rates. According to Redfin estimates based on April data, the gap between sellers and buyers has widened to 33.
Housing
Vistry Group, a leading UK developer, has announced its partnership with Harrogate Housing Association and Bracewell Homes for the Kensington Fields development in Harrogate. The site, previously the Police Training Centre, will deliver a total of 184 new homes. Harrogate Housing Association will manage 42 affordable rental properties, while Bracewell
Housing
Rising house prices have accelerated in the UK, reaching an average of £271,000 in March, driven by a rush of homebuyers seeking to complete purchases before the end of the stamp duty holiday in England and Northern Ireland. This surge comes as UK inflation hit a 15-month high, adding
Housing
The Pennsylvania housing market witnessed a notable surge in listings and home sales in April, with a 3.5% increase in listings compared to March and a 7% rise compared to the same period last year. Additionally, home sales jumped 11% from March to April, reaching 9,161 sales last
Housing
The Mumbai real estate market is undergoing a paradigm shift, with growing demand for apartments near Metro stations overtaking those near railway stations. This trend is led by younger professionals and new-age homebuyers valuing faster mobility. Key Takeaways: * Over 7 million passengers travel daily on the suburban local trains in
Housing
As the Tarion Warranty Corporation approaches its 50th anniversary, it has come under scrutiny for failing to protect consumers from unqualified or insolvent builders. Despite record claims, Tarion has increased enrolment fees for new homes and reduced deposit protection coverage for some buyers of new freehold homes. Established in 1976
Housing
Mumbai's real estate market demonstrated robust growth in April 2025, with 12,142 property registrations under the Brihanmumbai Municipal Corporation (BMC) limits, marking the strongest April performance in 13 years. This represents a 4% year-on-year increase, indicating enduring confidence among homebuyers despite macroeconomic uncertainties. The share of high-end
Housing
Canada's housing market has shown signs of stabilization after months of declines, with the Canadian Real Estate Association (CREA) reporting a 0.1% drop in home sales in April compared to March. This moderation in sales follows several months of declines that have plagued the market since the
