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15% of Home Purchase Agreements Canceled During October

15% of Home Purchase Agreements Canceled During October

by Phil Hall | Dec 3, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Roughly 53,000 home purchase agreements were canceled in October, equal to 15.1% of homes that went under contract that month. According to a new data report from Redfin, the share of canceled deals was up from the 14.3% level in October 2024. The report is based on...
Toronto Home Sales and Prices Down in November

Toronto Home Sales and Prices Down in November

by Phil Hall | Dec 3, 2025 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

A total of 5,010 home sales were transacted through the Toronto Regional Real Estate Board’s (TRREB) MLS System in November, down by 15.8% from one year earlier. New listings entered into the MLS System amounted to 11,134, a 4% year-over-year decline. On a seasonally...
Boston Mayor Says Residential Property Taxes Rising 13% in 2026

Boston Mayor Says Residential Property Taxes Rising 13% in 2026

by Phil Hall | Dec 3, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Boston Mayor Michelle Wu has warned the city’s homeowners could face a 13% spike in property taxes beginning in January, an increase of $780 for the average homeowner. WBUR reports the increase in residential property taxes is occurring while the city’s commercial...
Greystar in $24 Million Settlement with FTC and Colorado

Greystar in $24 Million Settlement with FTC and Colorado

by Phil Hall | Dec 3, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

Greystar, the nation’s largest multifamily rental property manager, has reached a $23 million settlement with the Federal Trade Commission (FTC) and a $1 million settlement with the State of Colorado to resolve charges that it misled consumers about monthly rent costs...
$30 Million Sale Sets New Record for Georgia’s Housing Market

$30 Million Sale Sets New Record for Georgia’s Housing Market

by Phil Hall | Dec 3, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Georgia’s housing market saw a new record sale with a Sea Island mansion changing hands for $30 million. The Wall Street Journal reports the 2.32-acre property known as Entelechy II was designed by the late Atlanta architect and developer John Portman. The property...
CoStar Group Approves Zillow Request to Move Copyright Infringement Trial to Seattle Court

CoStar Group Approves Zillow Request to Move Copyright Infringement Trial to Seattle Court

by Phil Hall | Dec 3, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

CoStar Group Inc. (NASDAQ: CSGP) has agreed to the request by Zillow Group Inc. (NASDAQ: Z, ZG) to move its copyright infringement case from the Southern District of New York to the Western District of Washington, which covers Zillow’s headquarters in Seattle. CoStar...
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