Single‐family housing starts in May were at a rate of 982,000, according to new data from the U.S. Census Bureau and the Department of Housing and Urban Development. This is 5.2% below the revised April figure of 1.03 million. Privately‐owned housing starts in May...
Switzerland’s central bank enacted its second interest rate cut of the year while the Bank of England opted to hold rates at their current level. The Swiss National Bank slashed its key interest rate by 25 basis points to 1.25%. In March, Switzerland became the first...
Roughly half of Americans are struggling to remain where they are financially, according to a new nationwide survey published by Monmouth University’s Polling Institute. The poll found 46% of respondents complaining they were having difficulty maintaining financial...
California Regional MLS (CRMLS) announced it reached an agreement to enable reciprocal access between the CRMLS Matrix MLS system and BeachesMLS, the MLS serving South Florida. The reciprocal access between systems will be made available to users of both MLSs...
Tredway, an affordable and mixed-income real estate developer that builds and preserves high-quality, high-opportunity housing, has partnered with ELH Mgmt. LLC in the acquisition of a seven-building, 193-unit affordable housing portfolio in Brooklyn’s Fort...
CBRE Group Inc. (NYSE:CBRE), the world’s largest commercial real estate services and investment firm, has acquired Direct Line Global, a portfolio company of Guardian Capital Partners. Founded in 1997 and based in Fremont, California, Direct Line Global provides...
