Seattle-headquartered Weyerhaeuser Co. (NYSE: WY), one of the world’s largest private owners of timberlands, announced an agreement for the sale of nearly 32,000 forest carbon credits at $29 per credit. The agreement marks Weyerhaeuser’s first transaction...
For the second time in a month, a lawsuit has been filed in Texas claiming the state’s real estate industry is engaged in a “conspiracy” related to broker commissions. The new putative class action lawsuit – Martin, et al., v. Texas Association of Realtors, Inc., et...
Japan’s financial regulator has ordered the nation’s four major property insurers to change their business operations after it was discovered they engaged in a price fixing collusion scheme that inflated the insurance premiums for corporate customers and government...
Home prices soared in the latest data S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, which reported a 4.8% annual change in October, up from a 4% change in the previous month. The 10-City Composite showed an increase of 5.7%, up from a 4.8%...
Only 15.5% of homes for sale in 2023 were affordable for the typical U.S. household, according to new data from Redfin (NASDAQ:RDFN). This presents a drop from 20.7 in 2022 for a new record low; prior to the pandemic, more than 40% of homes were affordable. Redfin...