Sales of new single-family houses during May were at a seasonally adjusted annual rate of 580,000, according to estimates from the US Census Bureau and the Department of Housing and Urban Development. This marked a 7.3% decline from the April rate of 626,000, and 6.8%...
The City of Chicago has filed a lawsuit against Airbnb (NASDAQ: ABNB) that alleges the short-term rental home company and one of its hosts improperly listed numerous properties. The Chicago Sun-Times reports the lawsuit, which was filed Monday in Cook County Circuit...
A new survey has found one-third of Canadian mortgage holders expect to renew their home loans within the next 12 months, with two-thirds of those borrowers expressing anxiety about renewing at a higher interest rate. The survey, published by the nonprofit association...
Mortgage application activity benefited from a bump-up in refinance action for the week ending June 19, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 1% on a...
Toll Brothers Inc. (NYSE: TOL) has announced its newest community will be Kennemore, located in the Atlanta suburb of Alpharetta, Georgia. Kennemore will feature distinctive home designs ranging from 3,600 to 5,000-plus square feet with two- and three-car garages plus...
Hits and Misses for the Real Estate Week of Aug. 10-14
