The numbers: Construction of new homes slowed considerably as builders contend with shortages of labor and building materials, but the demand for housing remains elevated for now.
U.S. home builders started construction on homes at a seasonally-adjusted annual rate of 1.57 million in April, representing a 9.5% decrease from the previous month’s downwardly-revised figure, the U.S. Census Bureau reported Tuesday.
Kenney served in the leadership roles since November 2018. Continue Reading Mark Kenney to Step Down as CAPREIT’s Chief Executive
The watchlist is publicly accessible and includes a comprehensive guide to homeowner rights under HB 1203. Continue Reading VendorAbuse.com Debuts Florida HOA Watchlist
“This is about fixing policies that have made housing expensive and difficult to build,” said HUD Secretary Scott Turner. Continue Reading HUD Revises Environmental Review Requirements for Multifamily Developments
The proposed King & George development site is directly across from the George Brown College St. James Campus and within a half-hour of three other university campuses. Continue Reading Student Housing Development Proposed for Downtown Toronto
eXp World Holdings announced it will begin trading on the Nasdaq Global Market under the new ticker symbol “AGNT,” effective on May 8. Continue Reading eXp Acquires NextHome, Shifting to a Multi-Model Platform
A minimum annual income of $204,800 was required to make the monthly payment of $5,120 on a 30-year fixed-rate mortgage at 6.24% in California. Continue Reading California Housing Affordability at Highest Level in 4 Years
Hits and Misses for the Real Estate Week of May 4-8
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