The Canadian government has allocated $365 million for the construction of 767 new rental homes in Toronto. The project’s first phase, which is now under development on an eight-acre, transit-oriented site owned by the City of Toronto, will be part of a...
Mortgage rates barely inched up in this week’s Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.65% as of March 13, up slightly from last week when it averaged 6.63%. A year ago at this time, it averaged...
The Mid-Atlantic region recorded 12,763 closed home sales during February, according to data from Bright MLS. This is down 4.3% compared to the same time last year. There were 16,020 new pending sales in the region, down 9.1% from a year ago and the lowest February...
The New York metro area is home to highest potential returns on single-family rentals (SFR), according to a new data report from ATTOM. The report analyzed single-family rental returns in 361 counties with sufficient rental and home-price data. The analysis...
New Hampshire recorded 612 closed home sales in February, up 5% from 583 one year ago, according to data from the New Hampshire Association of Realtors. Last month’s total of 721 pending sales was a 2% uptick from the 707 recorded in February 2024. The overall number...
Hits and Misses for the Real Estate Week of May 4-8
