HUD’s erasure of DEI contracts, builders expressing apprehension and Australia’s first rate cut in more than four years. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Feb. 17-21. Hit: An End to DEI Daffiness. Kudos to...
CoStar Group (NASDAQ: CSGP) has made a $1.69 billion all-cash offer to acquire Domain Holdings, the prominent Australian real estate marketplace companies. Business News Australia reports Australia’s Foreign Investment Review Board (FIRB) would need to approve...
The longtime Swiss residence of the iconic film actress Audrey Hepburn has been listed for sale at nearly $21 million. Galerie Magazine reports the 40.33-acre property in Tolochenaz, a village near Lake Geneva and the city of Lausanne, is known as “Le Paisable,” which...
The number of newly listed homes on the Canadian MLS Systems in January jumped by 11% from December to January, according to data from the Canadian Real Estate Association (CREA). However, the increased quantity of available properties did not result in a sales boost...
Australia’s central bank enacted its first rate cut since November 2020. The Reserve Bank of Australia announced the benchmark interest rate will be reduced by 25 basis points to 4.10%. The central bank held the rate at 4.35% since November 2023 after 13 consecutive...
Canada recorded a 3% increase in the seasonally adjusted annual rate of housing starts in January with a total of 239,739 units, compared to December’s total of 232,492 units. The Canada Mortgage and Housing Corporation (CMHC) reported actual housing starts were up 7%...
