Canada’s real estate industry has sharply lowered its expectations for 2026 home sales, projecting a 5.2% annual decline as higher mortgage rates and renewed inflation concerns threaten to keep buyers sidelined through the final months of the year. The Canadian...
Canada’s homebuilders started more housing at an annualized pace in September, but the headline gain masked an 11% decline in actual starts from a year earlier. The contrast underscores the challenge of reading a volatile monthly construction series as a sign of...
Canada’s resale housing market lost momentum in September as rising fixed mortgage rates pushed buyers back to the sidelines. National home sales fell 2.3% from August, the Canadian Real Estate Association said Friday, October 16, reversing part of a summer...
M&T Bank reported third-quarter net income of $775 million on October 16, while mortgage banking revenue rose 19% from the previous quarter to $152 million. The bank attributed the increase largely to residential mortgage subservicing income, following the...
Lennar broke ground October 15 on The Foundry, a planned redevelopment of more than 1,000 townhomes and detached houses in downtown Las Vegas. The roughly 70-acre project occupies former Grant Sawyer state office and Cashman Center land near Las Vegas Boulevard and...
UK Home Asking Prices Rise, but Mortgage Costs Hit Buyers and Sales
