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Q3 Home Sales Profits Near 50% Margin

Q3 Home Sales Profits Near 50% Margin

by Phil Hall | Oct 16, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Homeowners, on average, made a 49.9% profit selling single-family homes and condos during the third quarter, up from a 49.3% profit margin in the previous quarter but down from the 55.4% average profit in the third quarter of 2024. The profit margin is the percent...
NYC Median Rent Up 5.4% from Last Year

NYC Median Rent Up 5.4% from Last Year

by Phil Hall | Oct 16, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The median asking rent in New York City reached $3,599 during the third quarter, up 5.4% from one year ago, according to the latest NYC Rent Report from Realtor.com. The current median rent for the city’s residents is now 20.2% higher than it was prior to the...
Canadian Home Sales at 4-Year High for the Month of September

Canadian Home Sales at 4-Year High for the Month of September

by Phil Hall | Oct 16, 2025 | Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

Home sales across Canada were down by 1.7% month-over-month during September, marking the first decline six months. However, activity was also 5.2% above September 2024 and, last month was the best September for sales since 2021. According to data from the Canadian...

Fathom Holdings Acquires Start Real Estate

by Phil Hall | Oct 16, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

The real estate services platform Fathom Holdings Inc. (NASDAQ: FTHM) has acquired Start Real Estate, a residential brokerage focused on first-time homebuyers. Headquartered in Colorado, with recent expansion into Utah, Start Real Estate’s 70 agents are expected...
New Home Purchase Mortgage Applications Up 2% in September

New Home Purchase Mortgage Applications Up 2% in September

by Phil Hall | Oct 16, 2025 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage applications for new home purchases increased 2% in September compared to one year earlier, according to data from the Mortgage Bankers Association (MBA). On a month-over-month measurement, applications declined by 5%. The MBA estimated new single-family home...
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