A presidential debate that mostly ignored housing issues, a growing disenchantment with homeownership and an effort to repopulate the villages of rural Italy. From the wild and wooly world of real estate, here are our Hits and Misses for the week of June 24-28. Miss:...
A prominent housing economist had declared the U.S. housing market is “stuck and we are not convinced it will become unstuck” until at least 2026 or even later. In an interview with CNN, Michael Gapen, head of U.S. economics at Bank of America (NYSE:BAC), insisted...
Toll Brothers Apartment Living, the rental division of the luxury builder Toll Brothers Inc. (NYSE: TOL), has partnered with Equity Residential for the opening of Lyle, a new multifamily community in Dallas. Lyle encompasses 334 apartments in a mix of studio, one-,...
Thursday night’s debate between President Joe Biden and former President Donald Trump made only a fleeting reference to the challenges facing the U.S. housing market. The only question related to housing was part of an inquiry from debate moderator Jake Tapper about...
A typical Black household can only afford a starter home in 10 of the nation’s 50 most populous metros, according to a new report from Redfin (NASDAQ:RDFN). In comparison, the typical White household can afford a starter home in 32 of the 50 metros. For its report,...
Pending home sales were down by 2.1% in May from April, according to new data from the National Association of Realtors (NAR). Year-over-year, pending sales were down by 6.6%. Last month, NAR’s Pending Home Sales Index (PHSI) – a forward-looking indicator of home...
New Data Reports Find Mixed Results in April Home Price Activity
