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Report: Canadian Real Estate Professionals Deal with Risk-Averse Clients, Onerous Compliance Burdens

Report: Canadian Real Estate Professionals Deal with Risk-Averse Clients, Onerous Compliance Burdens

by Phil Hall | May 26, 2026 | Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

Canadian real estate professionals are being challenged by a shaky economy and onerous compliance requirements, according to the newly published Ownright Operators Report. In a nationwide poll (excluding Quebec) of more than 1,000 real estate professionals, 67% of...
NYC Mayor Mamdani Unveils ‘Block by Block’ Housing Plan

NYC Mayor Mamdani Unveils ‘Block by Block’ Housing Plan

by Phil Hall | May 26, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

New York City Mayor Zohran Mamdani unveiled his highly anticipated housing plan, which addressed plans to expand both affordable rental housing and homeownership opportunities. The 112-page plan, titled “Block by Block,” proposes the creation of 200,000 new affordable...
Luxury Home Prices Up by Nearly 4%

Luxury Home Prices Up by Nearly 4%

by Phil Hall | May 26, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The median luxury home sale price for the three months ending April 30 was $1.39 million, a 3.6% year-over-year increase. According to data from Redfin, the annual rise in the median luxury home sale price more than double the 1.4% gain in non-luxury sale prices....
New Data Reports Point to Slowing in Home Price Acceleration

New Data Reports Point to Slowing in Home Price Acceleration

by Phil Hall | May 26, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Two new data reports have highlighted a slowing acceleration in home prices. The S&P Cotality Case-Shiller US National Home Price NSA Index reported a 0.7% annual gain in March, down from a 0.8% rise in the previous month. The 10-City Composite saw an annual...
Illinois Home Sales Down Slightly Year-Over-Year

Illinois Home Sales Down Slightly Year-Over-Year

by Phil Hall | May 26, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Illinois recorded 11,413 home sales in April, a mild 0.4% drop from the 11,454 sold one year before. According to data from Illinois Realtors, the 18,683 homes available for sale statewide last month were 5.1% less than the 19,686 homes available in April 2025. The...
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