Real Estate Expert Shares How He Made Over Millions from Condo Conversions and Short-Term Rentals

Real Estate Expert Shares How He Made Over Millions from Condo Conversions and Short-Term Rentals

Real estate investing has long been a source of stable passive income and wealth growth, driven by ever-increasing housing and commercial property demand. Best-selling author and investor Ken McElroy recently outlined on his YouTube channel how he earned $1 million (approximately £810,000) from each of his real estate ventures. Launching a Property Management Company Starting … Read more

Is This Why Your Rent Is Skyrocketing? DOJ And 8 US States Sue RealPage For Alleged Price-Fixing Scheme

Is This Why Your Rent Is Skyrocketing? DOJ And 8 US States Sue RealPage For Alleged Price-Fixing Scheme

US housing rents have jumped 19% to an average of $1,712 since 2019. While the rent increase was the least, at 1%, in the past year, renewed demand from renters could mount further upward pressure on rental pricing as new homes hit the tight real estate market. Furthermore, many potential first-time homebuyers are choosing to … Read more

Jeff Bezos-Backed Real Estate Investment Startup Lets You Own Prime US Residential Properties Online with Only $100

Jeff Bezos-Backed Real Estate Investment Startup Lets You Own Prime US Residential Properties Online with Only 0

Tangible assets like real estate have been among the top investment choices for the wealthy, given their intrinsic global demand, limited supply, passive income, and non-correlation to stock markets. While investing in real estate isn’t a feasible option for most due to the high capital entry barrier, the industry has rapidly transformed in recent years … Read more

The Bank of Canada’s growing list of worries

The Bank of Canada’s growing list of worries

For months, the Bank of Canada has been trying to thread a needle: slow the economy just enough to get inflation back under control but not so much that it causes a recession. In a report released this week, the central bank offered up plenty of evidence that its strategy is working. Inflation has eased, economic growth has … Read more

Australian Cities Dominate Global List Of Unaffordable Housing Markets, Sydney Ranks Second: Study

Australian Cities Dominate Global List Of Unaffordable Housing Markets, Sydney Ranks Second: Study

Most Australian cities found a place among the top 25% least affordable markets for middle-income home buyers, a Demographia study by the US-based Chapman university has revealed. Sydney was ranked the second-most unaffordable city to buy a home in the world, after Hong Kong, News.com reported. The annual study, conducted by Chapman University’s Frontier Centre … Read more

Home sales and new home construction both drop in April

Home sales and new home construction both drop in April

The annual rate of housing starts in Canada fell slightly by one per cent compared with March 2024, while the number of residential home sales dropped in the same period of time, according to separate sets of numbers released today by the Canada Mortgage and Housing Corporation (CMHC) and the Canadian Real Estate Association. The CMHC, … Read more

U.S. raises tariffs significantly on EVs, other goods from China

U.S. raises tariffs significantly on EVs, other goods from China

The U.S. plans to slap new tariffs on Chinese electric vehicles, advanced batteries, solar cells, steel, aluminum and medical equipment — an election-year move that’s likely to increase friction between the world’s two largest economies. The tariffs are unlikely to have much of an inflationary impact because of how they’re structured. Administration officials said they … Read more

Massachusetts housing crisis: Greater Boston Real Estate Board campaign slams transfer fees

Massachusetts housing crisis: Greater Boston Real Estate Board campaign slams transfer fees

As the housing crisis continues to take a toll on Massachusetts, the Greater Boston Real Estate Board is urging residents to tell lawmakers to stay away from enacting a tax on pricey real estate deals. The Greater Boston Real Estate Board has launched what it’s describing as a “multifaceted digital and grassroots activation campaign” centered … Read more

Home sales and prices edging up as housing market ‘could get interesting,’ reports say

Home sales and prices edging up as housing market ‘could get interesting,’ reports say

The housing market could soon get “interesting,” economists say, as home prices and sales start to edge up, according to a pair of new reports released Friday. In its latest quarterly Home Price Update and Market Forecast, Royal LePage is forecasting that the aggregate price of a home in Canada will increase nine per cent in the fourth … Read more

Bank of Canada worries a rate cut now could overheat the spring housing market

Bank of Canada worries a rate cut now could overheat the spring housing market

The Bank of Canada is trying to thread a needle. It’s keeping rates higher for longer at least in part because it’s worried a rate cut now could undermine the last two years of pain and progress. “We don’t want to keep monetary policy this restrictive for longer than we have to. But nor do … Read more