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National Average Apartment Rent for April at $1,730

National Average Apartment Rent for April at $1,730

by Phil Hall | Apr 29, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The national average apartment rent in April was $1,730, a 0.2% increase from March’s upwardly revised level of $1,727. According to data from Apartsment.com, a subsidiary of CoStar Group Inc. (NASDAQ: CSGP), April was the fifth consecutive month of positive rent...
Japan Demands New Controls on Crypto-Financed Real Estate Deals

Japan Demands New Controls on Crypto-Financed Real Estate Deals

by Phil Hall | Apr 29, 2026 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Japanese government has sent a formal request to the nation’s leading real estate and crypto associations demanding tighter checks on real estate transactions that use cryptocurrency payments. Coin Edition reports four Japanese government agencies – the Financial...
Senate Banking Committee Approves Kevin Warsh’s Nomination for Federal Reserve Chairman

Senate Banking Committee Approves Kevin Warsh’s Nomination for Federal Reserve Chairman

by Phil Hall | Apr 29, 2026 | News/Current Events, Real Estate News, WRE News Exclusive

The Senate Banking Committee voted 13-11 along party lines to advance the nomination of Kevin Warsh to become the next chairman of the Federal Reserve. Warsh’s nomination was in doubt when Sen. Thom Tillis (R-N.C.), who sits on the Senate Banking Committee, pledged to...
Mortgage Application Activity Dips by 1.6%

Mortgage Application Activity Dips by 1.6%

by Phil Hall | Apr 29, 2026 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application activity declined during the week ending April 24, according to data from the Mortgage Bankers Association. The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 1.6% on a seasonally adjusted basis from one...
Bank of Canada Leaves Rates Unchanged

Bank of Canada Leaves Rates Unchanged

by Phil Hall | Apr 29, 2026 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Bank of Canada announced it is holding its overnight rate at 2.25%, with the Bank Rate remaining at 2.5% and the deposit rate at 2.20%, respectively. “Financial conditions have been volatile, reflecting daily developments in the Middle East and shifting market...
Commercial Real Estate Borrowing and Lending Up by 40% in 2025

Commercial Real Estate Borrowing and Lending Up by 40% in 2025

by Phil Hall | Apr 29, 2026 | Commercial Real Estate News, Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

Total commercial real estate mortgage borrowing and lending is estimated to have totaled $706 billion in 2025. According to data from the Mortgage Bankers Association, last year’s total marked a 40% increase from the $505 billion in 2024 and a 65% spike from the $429...
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