Canadian housing starts were on the rise in October, according to new data from the Canada Mortgage and Housing Corporation (CMHC). The total monthly seasonally adjusted annual rate (SAAR) of housing starts 240,761 units in October, an 8% rise from September’s total...
A Phil Hall Op-Ed: When President Lyndon B. Johnson signed the Housing and Urban Development Act of 1965, he called it “the single most important breakthrough” in federal housing policy since the 1920s. In concept, the legislation’s key focus – the creation of the...
High-profile real estate investor Grant Cardone is publicly considering the possibility of running for governor of California in 2026. Cardone is the founder of multiple companies including 10X Studios, Cardone Ventures and 10X Health System, and a co-founder/investor...
The New York Times (NYSE: NYT) has published another investigative report into the National Association of Realtors (NAR), this time examining the financial benefits enjoyed by its executive leadership. Under the headline “Chauffeured Cars and Broadway Tickets: Inside...
The latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) found builder confidence in the market for newly built single-family homes at a 46 level in November, up three points from October. This marked the third consecutive month...
The Federal Housing Finance Agency (FHFA) is raising the multifamily loan purchase cap for the government-sponsored enterprises (GSEs) Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCQB: FMCC) to $73 billion each, a 4% year-over-year increase. Multifamily loans that...
Hits and Misses for the Real Estate Week of June 15-19
