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Supreme Court Upholds CFPB Funding Structure

Supreme Court Upholds CFPB Funding Structure

by Phil Hall | May 16, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The U.S. Supreme Court issued a 7-2 ruling that declared the funding mechanism of the Consumer Financial Protection Bureau (CFPB) did not run afoul of the Appropriations Clause of the Constitution. The case, Consumer Financial Protection Bureau v. Community Financial...
RE/MAX: Spike in New Listings Drive Up April Home Sales

RE/MAX: Spike in New Listings Drive Up April Home Sales

by Phil Hall | May 16, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Home sales during April were up 11.2% from March and up 9% from one year earlier, according to new data from RE/MAX (NYSE:RMAX). The new data reverses the trend of the last two years when April recorded year-over-year sales declines – an 11.2% drop in 2022 and a 29.5%...
Canadian Housing Starts Decline, Fueled by Urban Markets

Canadian Housing Starts Decline, Fueled by Urban Markets

by Phil Hall | May 16, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Canadian housing starts in April dipped by 1% from March, according to new data from the Canada Mortgage and Housing Corp. (CMHC). Last month’s seasonally adjusted annual rate (SAAR) of housing starts totaled 240,229 units last month, compared to 242,267 in March....
Single-Family Housing Starts Down Slightly in April

Single-Family Housing Starts Down Slightly in April

by Phil Hall | May 16, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Single‐family housing starts in April were at a rate of 1.031 million in April, according to new data from the U.S. Census Bureau and the Department of Housing and Urban Development. This is 0.4% below the revised March figure of 1.035 million. Privately‐owned housing...
Las Vegas’ Iconic Mirage Hotel-Casino to Close in July

Las Vegas’ Iconic Mirage Hotel-Casino to Close in July

by Phil Hall | May 16, 2024 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

After 35 years in business, Las Vegas’ iconic Mirage hotel-casino will be shut down as of July 17. According to combined media reports, the 80-acre Las Vegas Strip landmark will be demolished and replaced by the Hard Rock Las Vegas, which will feature a 660-foot hotel...
Craig Leslie to Become President of Skyline Retail REIT

Craig Leslie to Become President of Skyline Retail REIT

by Phil Hall | May 16, 2024 | Commercial Real Estate News, International Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Skyline Retail REIT, a Guelph, Ontario-based real estate investment trust (REIT), has announced the appointment of Craig Leslie as its next president, effective June 30. Leslie joined Skyline last year as a vice president with more than 19 years of experience across...
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