Home sales during June stumbled by 7.2% from May and plummeted 11.6% year-over-year, according to the latest national housing market report from RE/MAX LLC, a subsidiary of RE/MAX Holdings (NYSE: RMAX). Across the 50 metro areas surveyed for the report, inventory rose...
Misawa Homes America Inc. (MHAM), a wholly owned subsidiary of Japan’s Misawa Homes Co., has acquired a 51% stake in the Utah-based homebuilder Visionary Homes. Visionary Homes was founded in 2004 and has 30 active Utah communities focused on both first-time and...
One month after enacting its first interest rate cut in nearly five years, the European Central Bank (ECB) opted to leave rates unchanged. “While some measures of underlying inflation ticked up in May owing to one-off factors, most measures were either stable or edged...
Cullinan Properties, a Peoria, Illinois-headquartered real estate firm specializing in commercial and mixed-use developments and acquisitions, announced the appointment of David Schreiber as its chief investment officer. Schreiber joins Cullinan Properties with over...
Sen. JD Vance accepted the Republican Party’s nomination for vice president with an acknowledgment of the challenges facing the U.S. housing market. However, the Ohio senator focused on what he perceived to be the roots of the problems but did not offer strategies for...
Illinois Home Sales and Inventory Decline While Median Price Rises
