The Federal Home Loan Bank of San Francisco (FHLBank San Francisco) announced it will allocate up to $45.7 million in voluntary grant funding for 2026, doubling its voluntary contribution rate from approximately 5% to 10% of prior-year net income. For the fourth...
Lowe’s Companies Inc. (NYSE: LOW) is calling on communities across the US to nominate “bucket list” renovation projects that will improve nonprofit, municipal and community spaces. The home improvement retail company will award Lowe’s Community Impact...
Single-family housing starts in December were at a rate of 981,000, according to data from the US Census Bureau and Department of Housing and Urban Development. This is 4.1% above the revised November figure of 942,000. Privately-owned housing starts in December were...
New York City Mayor Zohran Mamdani is threatening to raise property taxes by 9.5% unless the state government agrees to his demand to raise taxes on the city’s wealthiest residents. Property taxes are the city’s largest revenue source, and the mayor does not require...
Severe winter weather was blamed for a decline in home sales across Canada during January. According to data from the Canadian Real Estate Association (CREA), nationwide home sales were down 5.8% from December and down by 16.2% from January 2025. This occurred as the...
Florida properties accounted for six of the 10 most expensive home sales during January, according to new data from Redfin. All of the 10 most expensive residences sold last month carried price tags of more than $29 million, while the two priciest properties cost more...
Hits and Misses for the Real Estate Week of June 15-19
