Canada Real Estate News
Canada
New Tariffs on Canada, Mexico to Impact U.S. Homebuilder Input Costs
This week the U.S. imposed 25% tariffs on its North American partners after a 30-day delay, citing insufficient action against drug cartels. Canada and Mexico immediately announced retaliatory tariffs.
Ultra Luxury Home Sales Globally Experience Slowdown in Q3
Based on Knight Frank's newly released Global Super-Prime Intelligence Report, a slowdown in luxury residential sales of properties priced over $10 million occurred across 12 major global cities during the three months leading up to September 2024.
Canadian Home Sales Surge in October, Reaching a Two-Year High
Based on new data from the Canadian Real Estate Association (CREA) shows a 7.7% month-over-month increase in home sales activity through Canadian MLS Systems in October 2024, marking the highest level since April 2022.
The World's First 'Global Listings Service' Announced
Miami-based WORLD PROPERTY MARKETS founder and CEO Michael Gerrity announced plans this week to launch in mid-2025 the world's first global, AI-powered and consumer-facing MLS platform called GLOBAL LISTINGS.
