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French Police Arrest Two in $100 Million Louvre Jewel Heist

                                                     T he Louvre Museum French authorities have arrested two suspects in connection with last week’s audacious jewel heist at the Louvre Museum in Paris, where thieves made off with crown jewels valued at more than $100 million. According to Paris prosecutor Laure Beccuau, the arrests took place on Saturday evening. One suspect was detained at Charles de Gaulle Airport as he attempted to board a flight out of the country, while the second was apprehended later that night in the Seine-Saint-Denis suburb north of Paris. The daring robbery occurred on October 19, when thieves used a crane to smash an upstairs window of the world’s most-visited museum before escaping on motorbikes. The stolen collection included priceless Napoleonic-era jewels, sparking outrage and raising questions...
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Toronto housing market cools down as prices fall for fourth month in a row

 


The Toronto housing market showed signs of slowing down in November, as home sales rose slightly but prices continued to decline for the fourth consecutive month. 

According to the Toronto Regional Real Estate Board, the average selling price for all home types in the Greater Toronto Area was $1,051,000 in November, down 0.6 per cent from October and 5.3 per cent from July, when it reached a record high of $1,108,000. 

The number of home sales increased by 2.1 per cent month-over-month and 13.5 per cent year-over-year, reaching 8,766 transactions in November. However, the sales growth was mainly driven by low-rise segments such as detached and semi-detached houses, while condo sales declined by 8.8 per cent from October and 2.4 per cent from November 2020. 

The board attributed the cooling of the market to a combination of factors, including the end of the pandemic-induced surge in demand, the increase in new listings, the tightening of mortgage rules, and the anticipation of higher interest rates. “The GTA housing market has moved to a more balanced position compared to earlier this year and last year,” said TRREB president Kevin Crigger in a statement. “This could mark the start of a period of more moderate price growth, which would be healthy and sustainable over the long term.”

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