Investing

Royal Bank of Canada's Plans For Increased Mortgage Rates

In an attempt to cool the housing market, the mortgage industry has seen a series of changes, and the latest would be Royal Bank of Canada's plan to increase rates on several of its mortgages, The Globe and Mail reports.

Real Estate Board of Greater Vancouver Says Home Buyers Are ‘Frightened Away’ By Media

According to a real estate group based in Greater Vancouver, more and more people who look to buy homes and invest in Metro Vancouver's market are being scared away by the media's stories on high prices.

Hong Kong Real Estate: Dorm-type Apartment Development Company Targets Unmarried Young Professionals

The startup began by securing a single floor within an old residential building in Sham Shui Po. The entire 5000 square-foot floor space was renovated and divided into 30 rooms with floor areas varying between 50 meters to 150 meters. There is 2 shared bathrooms for everyone, a conference room and a public space.