Global Scans · Real Estate · Weekly Summary

• [New] From a household perspective, energy efficiency measures can improve housing conditions, as often reported in the UK and Northern Irish context, but they can also threaten to increase housing costs and lower housing security. MDPI
• [New] $477.2M over five years, starting in 2024-25, and $147.8M in future years, to launch a new $1.5 B Canada Rental Protection Fund, to be administered by the Canada Mortgage and Housing Corporation, to protect the stock of affordable housing in Canada. Miller Thomson LLP
• [New] $112.6M over five years, starting in 2024-25, and $4.3 million in future years, for the Canada Mortgage and Housing Corporation to top up the Federal Lands Initiative to unlock more federal lands for affordable housing providers. Miller Thomson LLP
• [New] US fiscal policy poses a risk both to US disinflation and to global long-term interest rates unless the United States gets its fiscal house in order. Atlantic Council
• [New] Canada's Housing Plan delivers funding and support that will help provinces and local governments end exclusionary zoning, freeze development charges, and build housing enabling infrastructure. Toronto Regional Real Estate Board
• [New] Today's announcement by Prime Minister Trudeau, Minister Freeland and Minister Fraser of Canada's Housing Plan is a historic commitment to addressing the housing crisis that is projected to unlock 3.87 million new homes by 2031. Toronto Regional Real Estate Board
• [New] In 2024, cybersecurity continues a shift from a mere technological concern to a critical business issue thanks to global conflicts, major elections (including that of the White House), looming terrorist threats, and other developments. Blog | TechMagic
• [New] In terms of regional demand, China is expected to maintain its steel demand levels in 2024 compared to 2023, with declines in real estate investments offset by growth in infrastructure and manufacturing sectors. petromindo
• [New] The White House has pitched its 2024-25 federal budget as helping to subdue inflation, by lowering working families' living costs and forcing companies to pass-on cost savings. The Conversation
• [New] To assist with hardening the U.S. economy and infrastructure against cyberattacks and the malicious use of AI, the White House included $13 billion for cybersecurity in its 2025 fiscal plan. JD Supra
• [New] House prices across the UK are expected to return to growth within the next 12 months after an increase in new property listings and buyer interest. The Guardian
• [New] Real Estate and Property Development The property sector is expanding in Australia and around the world, creating a wide range of employment opportunities in the commercial, residential and tourism sectors of the real estate and property management industries. Programs and courses
• [New] Researchers and companies in Canada are using AI to create incredible new innovations and job opportunities across all facets of the Canadian economy, from drug discovery to energy efficiency to housing innovation. Prime Minister of Canada
• [New] Economic indicators, including housing starts and expected lower interest rates, indicate a positive trend for RV shipments in the coming year. Morningstar, Inc.
• [New] The moon will get its own time zone after the White House directed NASA to develop a unified lunar time standard by the end of 2026. Sky News
• [New] By 2050 the global urban population will double in size, putting ever-increasing pressure on city streets, housing markets, infrastructure, government services, and the environment. TNW | Ecosystems
• [New] The federal government is pledging billions of dollars in new money to tackle Canada's housing crisis, but much of it will be accessible only to provinces and territories that agree to certain conditions. CBC
• [New] Biden campaign officials say that as more Americans absorb the reality of the Biden-Trump rematch - and the potential for Trump to return to the White House - more contributions will be unlocked. CNN
• Chinese officials are convinced that America will restrict more Chinese imports and penalise more Chinese firms, whoever wins the White House in November. The Economist
• Trump getting into the White House in the upcoming election could see negative pressure on US clean energy companies if he shifts attention toward policy favourable to fossil fuels. The Motley Fool UK
• International organizations like the IMF have projected strong GDP growth for India in the coming years, indicating a favourable economic climate for real estate investments. Real Estate Trends | Market Size | Expert Advice and In
• Commercial real estate is likely to grow 10 times more in the next 5 years and has immense investment potential for Foreign and Domestic Investors. Lokmat Times

Last updated: 20 April 2024