The average payment on a new mortgage in the U.S. is currently at $2,317 a month, according to a new data study from LendingTree (NASDAQ:TREE). Within the states, average mortgage payments are most expensive in Hawaii ($3,696), California ($3,399) and Massachusetts...
The U.S. housing market’s shortage of properties for sale continues to worsen, according to new data from Redfin (NASDAQ:RDFN). Redfin reported that new listings of homes for sale fell 22.4% year-over-year during the four weeks ending April 23, which is among the...
European commercial real estate dealmaking hit an 11-year low in the first quarter of the year, according to data published by the finance company MSCI (NYSE:MSCI). Approximately $40.3 billion in transactions occurred during the quarter, down 62% from one year...
Recent Canadian home price declines from pandemic-era record highs are expected to cease in mid-2023, according to the latest Housing Market Outlook published by Canada Mortgage and Housing Corporation (CMHC). However, the average annual price for Canadian homes is...
National Retail Properties Inc. (NYSE: NNN), an Orlando-headquartered real estate investment trust, is changing its name to NNN REIT Inc., effective May 1. NNN REIT was formed in 1984 and invests primarily in high-quality retail properties subject generally to...
Mortgage Bankers Association President and CEO Bob Broeksmit decried the glut of “misinformation” surrounding the changes in the Loan Level Price Adjustments (LLPAs) upfront fees for loans backed by Fannie Mae and Freddie Mac. The changes, which go into effect on May...
A Phil Hall Op-Ed: So, I Asked ChatGPT to Predict 2027’s Housing Mark…
