Home sales were down in the Greater Toronto Area (GTA) housing market last month amid a limited inventory and fraying economy, according to data from the Toronto Regional Real Estate Board (TRREB). GTA Realtors reported 7,531 sales through TRREB’s MLS System in April,...
Source:Â NAHB —Â A modest drop in interest rates helped to end a string of 12 straight monthly declines in builder confidence levels, although sentiment remains in bearish territory as builders continue to grapple with elevated construction costs, building...
Source: Globe Newswire —Â TORONTO, Jan. 18, 2023 (GLOBE NEWSWIRE) — Following an era of exorbitant hyperinflation in Canadian luxury real estate, new post-pandemic benchmarks were established in 2022 as the housing market responded to a cascade of...
Source: MarketWatch —Â As 2023 gets underway markets are clinging to expectations that the U.S. economy will slide into a recession that effectively forces the Federal Reserve to start cutting interest rates, lower bond yields and borrowing costs, and perhaps...
Source: CalculatedRisk Newsletter — New Listings Have Declined Significantly Here is a graph of new listing from Realtor.com’s December Housing Trends Report showing new listings were down about 21% year-over-year in December. And the local markets I track that...
Source: City Sun Times — The market is normalizing. That is the message shared by Phoenix REALTORS, one of the foremost industry experts serving more than 11,000 real estate sales professionals Valleywide, as the organization released the latest market data...
