A ballot measure that would have allowed California cities to expand rent control protections without state government approval was rejected by voters. SFGate.com reported that with nearly 95% of precincts reporting, the “no” votes on Proposition 33 totaled 61.6%, or...
A ballot measure in North Dakota that would have ended most local property taxes based on assessed value was rejected by voters. According to combined media reports, Measure 4 would have required the state government to reimburse local governments to cover the gap by...
Denver voters rejected Mayor Mike Johnston’s effort to increase the local sales tax to support affordable housing projects. The Denver Post reported Ballot Issue 2R, which would have enacted a 0.5% sales tax increase that would add 50 cents to every $100 spent on most...
Home sales in the Greater Toronto Area (GTA) shot up in October while new listings and home prices were up by relatively mild levels. A total of 6,658 home sales were recorded through the Toronto Regional Real Estate Board’s (TRREB) MLS System in October, a 44.4%...
The National Association of Home Builders (NAHB) voiced its congratulations to Donald Trump on his return to the White House. While NAHB did not endorse any candidates in this election, it had been repeatedly critical of Biden-Harris administration policies that the...
Mortgage application activity trended downward during the week ending Nov. 1, according to data from the Mortgage Bankers Association (MBA). This marked the sixth straight week of application activity decline. The Market Composite Index, the MBA’s measure of mortgage...
Hits and Misses for the Real Estate Week of May 11-15
