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Rate increase pressure builds inside the Fed as inflation lingers
What the hold means for mortgage brokers Home-purchase mortgage activity remained depressed, the minutes confirmed — a finding that will surprise few brokers actively working with rate-sensitive buyers. Samantha Shelton, mortgage broker and president of Align Lending, captured the prevailing uncertainty when she told Mortgage Professional America before the meeting that it also “wouldn’t surprise…
Govt under pressure to deliver leasehold bill by autumn after missed deadline
The government has been asked to commit to publishing the final Commonhold and Leasehold Reform Bill by autumn after failing to respond to a report on the draft bill. Housing Secretary Matthew Pennycook wrote to the Housing, Communities and Local Government (HCLG) Committee, saying the government would be unable to respond to its report…
Woodside Health Completes Sale of Medical, Retail Property
Woodside Health, an Ohio-based private equity firm specializing in healthcare real estate, has completed the sale of Cornerstone Plaza, a medical and retail property located in the Dallas-Fort Worth metropolitan area. Built in 2002, the property is strategically positioned in Southlake, Texas, and the asset is anchored by Cook Children’s. In addition to its healthcare…
EPA’s proposed Clean Air Act changes may impact public scrutiny of data centers
The Environmental Protection Agency (EPA) has proposed new rules that would no longer require minor sources of air pollution to disclose their proposed emission levels to the public unless state or local agencies request it. The EPA announced the change to the Clean Air Act (CAA) in July. The proposal would alter the New Source…
Magnitude 5 Earthquake Strikes Granada, Damages Buildings & Cars
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This province is quietly outpacing Canada’s housing market
National sales growth has been downgraded modestly following a weaker-than-expected first quarter. TD does not see sales recovering to pre-pandemic levels until the second half of 2027, constrained by weak population growth and soft labour market conditions through the forecast horizon. Saskatchewan leads the country The clearest outperformer is Saskatchewan, where year-on-year price growth was approaching…