Within the U.S. commercial market, the office sector is generating a greater wave of concern and pessimism from financial services leaders. According to new data from CoStar Group (NASDAQ:CSGP), the U.S. office sector in April reported vacancy levels (at 12.9%) and...
The median asking rent in the U.S. dipped by 0.4% year-over-year last month to $1,937, according to new data from Redfin (NASDAQ:RDFN). This marked the first annual decline since March 2020 and the lowest median asking rent in 13 months. The median asking rent in...
Two new data reports are pointing to a growing level of stability in Canada’s homeownership market. The aggregate price of a home in Canada during the first quarter of this year was $778,300, according to the latest Royal LePage House Price Survey. This represents a...
Median rents of apartments in Manhattan soared to a new peak in March, according to new data from the real estate firm Douglas Elliman. The median rental price in Manhattan reached $4,175 per month last month, up 2% from February and up 12.8% from March 2022. This...
Proper Rate, a Chicago-headquartered joint venture between Guaranteed Rate and @properties, has debuted Same Day Mortgage, a service that provides a loan approval decision in less than 24 hours. The service was tested with select group of Proper Rate and Guaranteed...
The issuance of domestic, private-label commercial mortgage-backed securities (CMBS) totaled $5.98 billion during the first quarter of this year, according to data from Trepp LLC. This is down by 12% from the fourth quarter of 2022 and a 79% plummet from the first...
Keller Williams Acquires 1,200-Agent Jason Mitchell Group
