In what is getting to become a monthly event, the S&P CoreLogic Case-Shiller Index has soared to yet another all-time high. “Our home price index has appreciated 4.1% year-to-date, the fastest start in two years,” said Brian D. Luke, head of commodities, real and...
The average Canadian family spent 43% cent of its income on taxes in 2023, according to new data from nonpartisan think-tank Fraser Institute. Last year, the average Canadian family earned an income of $109,235 and paid in total taxes equaling $46,988. This level of...
The total origination volume for open-ended home equity lines of credit (HELOCs) and closed-end home equity loans in 2023 were up 1.5% year-over-year while debt outstandings increased 8.3%, according to the Mortgage Bankers Association’s (MBA) 2024 Home Equity Lending...
The homebuilder Tri Pointe Homes (NYSE:TPH) announced the development of Altis, its first 55+ lifestyle brand community on the East Coast. The new project is based within Greenfield Communities’ 550-acre Serenity development in North Carolina’s Harnett County, just...
SmartRent Inc. (NYSE: SMRT), a Scottsdale, Arizona-based provider of smart communities and smart operations solutions for the rental housing industry, announced a transition plan impacting the company’s leadership. CEO Lucas Haldeman has stepped down from his position...
Scale Lending, the debt financing arm of Slate Property Group, announced a partnership with Harel Finance that will center on construction and bridge loans for multifamily and condominium projects. Scale directly originates senior secured whole loans, focusing on...
Hits and Misses for the Real Estate Week of June 29-July 3
