Roughly 53,000 home purchase agreements were canceled in October, equal to 15.1% of homes that went under contract that month. According to a new data report from Redfin, the share of canceled deals was up from the 14.3% level in October 2024. The report is based on...
A total of 5,010 home sales were transacted through the Toronto Regional Real Estate Board’s (TRREB) MLS System in November, down by 15.8% from one year earlier. New listings entered into the MLS System amounted to 11,134, a 4% year-over-year decline. On a seasonally...
Boston Mayor Michelle Wu has warned the city’s homeowners could face a 13% spike in property taxes beginning in January, an increase of $780 for the average homeowner. WBUR reports the increase in residential property taxes is occurring while the city’s commercial...
Greystar, the nation’s largest multifamily rental property manager, has reached a $23 million settlement with the Federal Trade Commission (FTC) and a $1 million settlement with the State of Colorado to resolve charges that it misled consumers about monthly rent costs...
Georgia’s housing market saw a new record sale with a Sea Island mansion changing hands for $30 million. The Wall Street Journal reports the 2.32-acre property known as Entelechy II was designed by the late Atlanta architect and developer John Portman. The property...
Hits and Misses for the Real Estate Week of April 6-10
