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Toronto Home Sales Down 13.3% From One Year Ago

Toronto Home Sales Down 13.3% From One Year Ago

by Phil Hall | Jun 4, 2025 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

A total of 6,244 home sales were transacted through the Toronto Regional Real Estate Board’s (TRREB) MLS System in May 2025, a 13.3% decline from one year earlier. On a seasonally adjusted basis, May home sales were up from the 5,601 transactions recorded in April....
NAR’s Chief Economist: ‘Housing Market Remains Very Difficult at the Moment’

NAR’s Chief Economist: ‘Housing Market Remains Very Difficult at the Moment’

by Phil Hall | Jun 4, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The chief economist with the National Association of Realtors (NAR) has defined today’s housing market as a challenging environment burdened by circumstances beyond its control. Speaking at NAR’s 2025 Realtors Legislative Meetings in Washington, DC, Lawrence Yun...
Utah’s Largest Mansion Goes Up for Auction This Week

Utah’s Largest Mansion Goes Up for Auction This Week

by Phil Hall | Jun 3, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Utah’s largest mansion is going up for auction later this week. Mansion Global reports the 154-acre ranch in Hyram, Utah, features a five-level, 40,000-square-foot residence with 10 bedrooms and 18 full and partial bathrooms. The residence also includes a dining room...
North Carolina’s Wake County Votes to Raise Property Taxes, Cut Affordable Housing

North Carolina’s Wake County Votes to Raise Property Taxes, Cut Affordable Housing

by Phil Hall | Jun 3, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

At a time when states and localities are looking to cut property taxes and increase affordable housing, the Board of Commissioners in North Carolina’s Wake County went the opposite route in passing a $2.17 billion budget that raises property taxes and reduces proposed...
Listings Go Live at Brooklyn’s Tallest Residential Tower

Listings Go Live at Brooklyn’s Tallest Residential Tower

by Phil Hall | Jun 3, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Silverstein Properties announced that listings are now live at the 93-story Brooklyn Tower, the tallest building in Brooklyn. Rising over 1,066 feet, the tower features 143 luxury condominiums available for immediate occupancy. Pricing starts at $965,000 for...
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