Existing home sales during April dropped by 0.5% from March to a seasonally adjusted annual rate of 4.00 million in April, according to new data from the National Association of Realtors (NAR). On a year-over-year basis, sales were down by 2.0% from 4.08 million in...
The Appraisal Institute’s national board has voted to remove Craig Steinley as vice president following a New York Times report that he was accused of sexual harassment by a dozen women. The New York Times reported the organization said it national board was “acting...
Virginia Gov. Glenn Youngkin has announced more than $16.9 million of funding for the Virginia Workforce Housing Investment Program to support the development of 740 workforce housing units across 10 localities. Virginia Housing administers the Workforce Housing...
Australia’s plan to build 1.2 million new homes by 2029 is falling short of its goals, according to the State of the Housing System 2025 report published by the government’s National Housing Supply and Affordability Council (NHSAC). The council’s report predicts...
The Passive House Network (PHN) and Passive House California (PHCA) have launched a design competition to develop a catalog of high-performance, fire resilient homes. The competition, which is sponsored by the fire and soundproofing insulation provider Rockwool, is...
CMBS Delinquency Rate Dips by Single Basis Point
