To further its goal to offer more homes for sale under a shared-equity model, North America Home Finance raised $1.7 million through an IPO. “We are targeting assets under management of about $500 million," CEO George Lawton said.
On the heels of two Bank of Canada rate cuts in 2025, real estate experts, buyers and sellers are watching with cautious optimism to see whether lower borrowing costs will translate into renewed housing activity — particularly in major markets like Toronto and Vancouver, where sales have hit record lows.
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