Current News & Events
Pending Home Sales Up in February
“The slight gain in pending contracts appears to be driven by improved affordability conditions,” said NAR’s Lawrence Yun. Continue Reading Pending Home Sales Up in February
Canadian Home Sales Declined in February
The non-seasonally adjusted national average home price was $663,828 in February, down by a scant 0.2% from the same month last year. Continue Reading Canadian Home Sales Declined in February
Prince and Princess of Wales Moving to New ‘Forever Home’
The relocation will be funded privately, and the royal couple will pay market rent on the property. Continue Reading Prince and Princess of Wales Moving to New ‘Forever Home’
Builders Continue to Have Little Confidence in the Housing Market
37% of builders reported cutting prices in August, down from 38% in July. Continue Reading Builders Continue to Have Little Confidence in the Housing Market
New Data Reports Highlight a Wobbly Housing Market
The median home sale price rose 1.4% year-over-year in July to $443,867, the highest July level on record. Continue Reading New Data Reports Highlight a Wobbly Housing Market
Utah City Approves 34% Property Tax Hike
The supporters of this measure cited a $540,000 budget shortfall for fiscal year 2026. Continue Reading Utah City Approves 34% Property Tax Hike
Mortgage Applications for New Home Purchases Surged in July
The average loan size for new homes decreased from $376,077 in June to $372,745 in July. Continue Reading Mortgage Applications for New Home Purchases Surged in July
Permit for New Cleveland Browns Stadium Rejected Due to Airport Proximity
The Browns planned to begin construction on the new stadium early next year. Continue Reading Permit for New Cleveland Browns Stadium Rejected Due to Airport Proximity
Turkish Government Begins Crackdown on Fake Real Estate Listings
The government has begun using an electronic listing verification system designed to affirm the identity and authorization of listing owners. Continue Reading Turkish Government Begins Crackdown on Fake Real Estate Listings
Hits and Misses for the Real Estate Week of Aug. 11-15
The Treasury Secretary makes and rescinds demands, Playboy moves its headquarters out of Los Angeles, and New York City’s worst hotel closes. Continue Reading Hits and Misses for the Real Estate Week of Aug. 11-15
Will a Fannie Mae-Freddie Mac IPO Raise or Lower Mortgage Rates?
Expert opinions are divided on the issue. Continue Reading Will a Fannie Mae-Freddie Mac IPO Raise or Lower Mortgage Rates?
Detroit City FC Will Pay Property Taxes on New Soccer Stadium
“It’s a true civic endeavor that puts our values into action in the most sizable way to date so far,” said CEO Sean Mann. Continue Reading Detroit City FC Will Pay Property Taxes on New Soccer Stadium
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