The two largest Illinois-focused multiple listing services – Midwest Real Estate Data (MRED) and RMLS Alliance – have announced a data-sharing partnership designed to benefit nearly 50,000 agents and brokers. The MLSs have begun working on technical integration, and...
Home prices were on the rise during in March, but the rate of price increases slowed for the third consecutive month. According to new data from Homes.com, a division of CoStar Group (NASDAQ: CSGP), year-over-year price increases totaled 2.2% in March, 2.7% in...
A new bipartisan initiative in the US House of Representatives has reintroduced the Affordable Housing Credit Improvement Act, with the goal of financing the development of nearly 2 million affordable homes. The new version of the legislation seeks to increase the...
Three years after a New York City law created an unofficial block on short-term rentals, Airbnb (NASDAQ: ABNB) has launched a new effort to influence candidates in this year’s municipal elections with campaign donations. The Gothamist reports the company’s Affordable...
Toronto-based Amexon Development Corporation has unveiled e-lofts, a new rental community designed for contemporary loft-style living. According to the company, e-lofts will transform an existing 15-story Toronto office building into a residential property. The...
A penthouse atop the world’s tallest building has been listed for $51 million. Elle Décor reports the 107th and 108th floors of the Burj Khalifa are approximately 1,300 feet above the streets of Dubai. The 21,000-square-foot unit has floor-to-ceiling glass walls...
Hits and Misses for the Real Estate Week of May 11-15
