Million-dollar homes have become more commonplace than ever before, as new data from Redfin (NASDAQ:RDFN) determined nearly one in 10 (8.5%) homes are worth $1 million or more, a record high. The current figure is up 7.6% year-over-year and more than double the 4%...
Single-family housing starts in July were at a rate of 851,000, according to new data from the U.S. Census Bureau and the Department of Housing and Urban Development. This marked a 14.1% drop from the revised June figure of 991,000. Privately-owned housing starts in...
July housing starts in Canada totaled 279,509 units on a seasonally adjusted annualized rate (SAAR), up 16% from June’s total of 241,643, according to Canada Mortgage and Housing Corporation (CMHC). July’s activity was the highest since June 2023, when they exceeded...
The St. Joe Company (NYSE: JOE), a real estate development, asset management and operating company with assets and operations in Northwest Florida, announced new homebuilder relationships with Holiday Builders and Harris Doyle Homes. Holiday Builders, headquartered in...
T&T Supermarket Inc., the Canadian-based Asian grocery retailer, is opening its first California store and third US location in San Jose. The new store is set to open in Fall 2025 at San Jose’s Westgate Center. The 55,000-square-foot store will be based in a...
The Federal Home Loan Bank of Pittsburgh (FHLBank Pittsburgh) announced the promotion of Chief Operating Officer David G. Paulson to CEO, effective Oct. 1. Paulson replaces Winthrop Watson, who announced his retirement in April and will remain as an executive senior...
Builders Grow Slightly More Confident in Housing Market
