The Federal Housing Finance Agency (FHFA) issued a proposed rule to establish the 2025-2027 housing goals for the government-sponsored enterprises (GSEs) Fannie Mae (OTCMKTS: FNMA) and Freddie Mac (OTCMKTS: FMCC). The FHFA said the goals would ensure the GSEs’...
Closed sales of existing single-family homes in Florida statewide totaled 23,353 last month, up 5.2% year-over-year, while existing condo-townhouse sales totaled 8,364, down 1.2% over July 2023, according to data from Florida Realtors. The statewide median sales price...
The body of a high-profile Toronto-area real estate broker who was reported missing earlier this month has been identified. The Toronto Star reported Yuk-Ying (Anita) Mui was last heard from by her family on the morning of Aug. 9; Mui’s vehicle, a white 2024...
Home sales across New York were up in July despite a decline in available inventory, according to new data from the New York State Association of Realtors. Last month saw a total of 9,923 closed home sales across the state, up 3.5% from 9,584 units. Pending sales took...
The median monthly mortgage payment was $2,587 during the four weeks ending Aug. 18, according to new data from Redfin (NASDAQ: RDFN). This marked the lowest level since February and a 0.1% dip from one year ago – as well as the first time in four years that monthly...
Pennsylvania home sales were on the upswing in July while home prices recorded a mild decline. According to new data from the Pennsylvania Association of Realtors (PAR), 11,575 homes were sold last month in the Keystone State, up 9.6% year-over-year. Buyers had a...
Hits and Misses for the Real Estate Week of May 4-8
