Canada Cuts Interest Rates, Loosens Mortgage Rules to Boost Housing Sales
The Bank of Canada cut interest rates by 50 points to 3.25 percent, while the federal government loosened mortgage rules, allowing smaller down payments and longer repayment terms. The central bank expects these actions to increase housing sales in 2025.
Canada Cuts Interest Rates, Loosens Mortgage Rules to Boost Housing Sales
The Bank of Canada cut interest rates by 50 points to 3.25 percent, while the federal government loosened mortgage rules, allowing smaller down payments and longer repayment terms. The central bank expects these actions to increase housing sales in 2025.
Progress
40% Bias Score
"Real Estate Brokers Charged with Sex Trafficking of Dozens of Women"
"Two prominent real estate brokers, Tal and Oren Alexander, and their brother Alon, were arrested and charged with sex trafficking, accused of drugging, assaulting, and raping dozens of women over more than a decade, leveraging their wealth and status to exploit victims."
"Real Estate Brokers Charged with Sex Trafficking of Dozens of Women"
"Two prominent real estate brokers, Tal and Oren Alexander, and their brother Alon, were arrested and charged with sex trafficking, accused of drugging, assaulting, and raping dozens of women over more than a decade, leveraging their wealth and status to exploit victims."
Progress
48% Bias Score
Conflicting Predictions for December 2024 Home Prices
Conflicting predictions exist about whether home prices will drop in December 2024, with some experts citing typical seasonal slowdowns, while others point to continued strong buyer demand and limited supply potentially keeping prices high, possibly even increasing them.
Conflicting Predictions for December 2024 Home Prices
Conflicting predictions exist about whether home prices will drop in December 2024, with some experts citing typical seasonal slowdowns, while others point to continued strong buyer demand and limited supply potentially keeping prices high, possibly even increasing them.
Progress
40% Bias Score
Top 5 Most Expensive ZIP Codes in Virginia (November 2024)
As of November 2024, Zillow data reveals Virginia's five priciest ZIP codes: 22066 (Great Falls), 22101 (McLean), 22207 (Arlington area), 22027 (Dunn Loring), and 20197 (Waterford), exhibiting 30-60% home value growth over five years.
Top 5 Most Expensive ZIP Codes in Virginia (November 2024)
As of November 2024, Zillow data reveals Virginia's five priciest ZIP codes: 22066 (Great Falls), 22101 (McLean), 22207 (Arlington area), 22027 (Dunn Loring), and 20197 (Waterford), exhibiting 30-60% home value growth over five years.
Progress
32% Bias Score
"China's Real Estate Market Undergoes Sharp Decline, Prompting Government Intervention"
"China's real estate investment plummeted from over 20 trillion yuan in 2021 to an expected sub-10 trillion yuan in 2023, prompting government intervention with interest rate cuts and relaxed purchase restrictions to stabilize the market and prevent a systemic crisis, while acknowledging the risk of...
"China's Real Estate Market Undergoes Sharp Decline, Prompting Government Intervention"
"China's real estate investment plummeted from over 20 trillion yuan in 2021 to an expected sub-10 trillion yuan in 2023, prompting government intervention with interest rate cuts and relaxed purchase restrictions to stabilize the market and prevent a systemic crisis, while acknowledging the risk of...
Progress
40% Bias Score
Spain Needs 3.5 Million Affordable Homes to Balance Housing Market
Atlas Real Estate Analytics finds Spain needs 3.5 million affordable homes—far exceeding government targets—to achieve a 30% housing effort rate; Madrid and Barcelona alone require 1.6 million.
Spain Needs 3.5 Million Affordable Homes to Balance Housing Market
Atlas Real Estate Analytics finds Spain needs 3.5 million affordable homes—far exceeding government targets—to achieve a 30% housing effort rate; Madrid and Barcelona alone require 1.6 million.
Progress
48% Bias Score
Canada's Housing Market Boosted, North Vancouver Tops Livability Ranking
Canada's Bank of Canada cut interest rates and loosened mortgage rules, while The Globe and Mail ranked North Vancouver as the most livable city in its 2024 ranking of 448 Canadian cities based on affordability, amenities, and quality of life, despite high housing costs there.
Canada's Housing Market Boosted, North Vancouver Tops Livability Ranking
Canada's Bank of Canada cut interest rates and loosened mortgage rules, while The Globe and Mail ranked North Vancouver as the most livable city in its 2024 ranking of 448 Canadian cities based on affordability, amenities, and quality of life, despite high housing costs there.
Progress
40% Bias Score
PSOE Backs Halt to Sale of Árqura, Jeopardizing 16,000-Home Deal
Spain's Congress of Deputies supported Sumar's initiative to halt the sale of Árqura, a real estate company owned by Sareb, which holds assets for 16,000 homes, creating tension between Sareb's debt repayment mandate and the government's new public housing initiative.
PSOE Backs Halt to Sale of Árqura, Jeopardizing 16,000-Home Deal
Spain's Congress of Deputies supported Sumar's initiative to halt the sale of Árqura, a real estate company owned by Sareb, which holds assets for 16,000 homes, creating tension between Sareb's debt repayment mandate and the government's new public housing initiative.
Progress
44% Bias Score
German Prime Retail Space Competition Intensifies Despite Nationwide Closures
Vacancy rates for prime retail spaces in nine major German cities decreased to around 15% in the second half of 2023, a sign of resilience in the face of economic challenges, but still significantly higher than pre-pandemic levels; this contrasts sharply with the expected closure of around 5,000 sto...
German Prime Retail Space Competition Intensifies Despite Nationwide Closures
Vacancy rates for prime retail spaces in nine major German cities decreased to around 15% in the second half of 2023, a sign of resilience in the face of economic challenges, but still significantly higher than pre-pandemic levels; this contrasts sharply with the expected closure of around 5,000 sto...
Progress
36% Bias Score
Alexander Brothers Arrested on Sex Trafficking and Assault Charges
Real estate twins Oren and Tal Alexander, and their brother Alon, were arrested in Miami on Wednesday following an indictment in Manhattan alleging repeated drugging, rape, and sexual assault of dozens of women, some dating back decades; the twins also face state felony charges of sexual battery.
Alexander Brothers Arrested on Sex Trafficking and Assault Charges
Real estate twins Oren and Tal Alexander, and their brother Alon, were arrested in Miami on Wednesday following an indictment in Manhattan alleging repeated drugging, rape, and sexual assault of dozens of women, some dating back decades; the twins also face state felony charges of sexual battery.
Progress
64% Bias Score
Return to Classic Investing Strategies Amidst Economic Realities
Major investment forces are returning to classic investing strategies due to high inflation, rising interest rates, and overvalued assets, leading investors to focus on fundamentally strong companies and avoid speculative investments.
Return to Classic Investing Strategies Amidst Economic Realities
Major investment forces are returning to classic investing strategies due to high inflation, rising interest rates, and overvalued assets, leading investors to focus on fundamentally strong companies and avoid speculative investments.
Progress
52% Bias Score
Alexander Brothers Indicted on Sex Trafficking Charges
Real estate brothers Oren and Tal Alexander, and their brother Alon, were indicted in New York on sex trafficking charges for allegedly assaulting dozens of women between 2010 and 2021, using their wealth and positions to exploit victims.
Alexander Brothers Indicted on Sex Trafficking Charges
Real estate brothers Oren and Tal Alexander, and their brother Alon, were indicted in New York on sex trafficking charges for allegedly assaulting dozens of women between 2010 and 2021, using their wealth and positions to exploit victims.
Progress
48% Bias Score