The Northern California estate that was once the home of the legendary singer and actor Bing Crosby was sold for $25 million, down considerably from its original asking price of $40 million. According to combined media reports, the French chateau-style residence in...
Manhattan’s rental housing market set new records in May with rents averaging $4,571, up 1.6% month-over-month and up 7.6% year-over-year, according to data from the brokerage Douglas Elliman Inc. (NYSE: DOUG). May was the third time in the past four months when...
A 25,000-square-foot retail property in Jamison, Pennsylvania, has been sold for $12.17 million. The property, located at the intersection of Route 263 and York Road, is occupied by a Wawa convenience store and gas station and a Tractor Supply center. The site also...
Builder sentiment sank this month to its lowest reading since December 2022 and its third lowest since 2012. According to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI), builder confidence in the market for newly built...
Mortgage applications for new home purchases in May was down by 4.5% compared to one year ago, according to data from the Mortgage Bankers Association (MBA). On a month-over-month basis, applications decreased by 9%. MBA estimated that new single-family home sales...
The seasonally adjusted annual rate for housing starts in Canada was down by a scant 0.2% in May, with 279,510 units compared to the 280,181 units in April. According to data from the Canada Mortgage and Housing Corporation (CMHC), actual housing starts were up 9%...
Hits and Misses for the Real Estate Week of June 22-26
