The price premium for new construction compared to existing homes dropped to a record low of 7.8% during the second quarter, according to new data from Realtor.com. The median list price for a newly built home in the second quarter was $450,797, essentially flat from...
Multifamily developers expressed increased a slightly higher degree of confidence in their market during the second quarter, according to the latest Multifamily Market Survey (MMS) released by the National Association of Home Builders (NAHB). The MMS produces two...
The 30-year fixed-rate mortgage averaged 6.63% as of Aug. 7, down from last week when it averaged 6.72%, according to the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). A year ago at this time, it averaged 6.47%. The 15-year fixed-rate...
The home builder Kolter Homes announced the upcoming debut of its newest gated community, The Cove at Park Trace, located within the Preserves at Park Trace in Stuart, Florida. Scheduled to open in the summer, the homes at The Cove at Park Trace will feature...
High-profile investor and “Shark Tank” star Kevin O’Leary announced he is moving out of Boston solely because of Sen. Elizabeth Warren (D-MA). In a post on X, O’Leary announced, “I’m a Boston guy. My kids were born there and I still have a house there, but like most...
The Montreal Census Metropolitan Area (CMA) recoded 3,731 residential in July, a 10% year-over-year hike and the highest level of transactional activity since the 2021 peak during the pandemic. According to the Quebec Professional Association of Real Estate Brokers...
A Phil Hall Op-Ed: So, I Asked ChatGPT to Predict 2027’s Housing Mark…
