Current News & Events
St. Petersburg Mayor: City is in ‘Better Place’ Without New Stadium for Tampa Bay Rays
St. Petersburg Mayor Ken Welch has no regrets that the Tampa Bay Rays withdrew their plans last year to build a stadium in his city. Indeed, he’s quite happy about it. Last March, the team discontinued its plans for a new $1.3 billion, 30,000-seat venue in St....
Toronto Home Sales and Prices Slumped in February
The average selling price, at a little more than $1 million, was down 7.1% from February 2025. Continue Reading Toronto Home Sales and Prices Slumped in February
New Home Sales Up in December
On a full-year measurement, an estimated 683,000 new homes were sold in 2024. Continue Reading New Home Sales Up in December
Report: Trump Team Having Difficulty Securing a New CFPB Director
Kathy Kraninger, who held the position in the first Trump administration from 2018 to 2021, is not interested in returning to Washington. Continue Reading Report: Trump Team Having Difficulty Securing a New CFPB Director
QXO Launches $11 Billion Tender Offer to Acquire Beacon Roofing Supply
“We believe that Beacon would be a strong fit for QXO,” said Brad Jacobs, QXO’s chairman and CEO. Continue Reading QXO Launches $11 Billion Tender Offer to Acquire Beacon Roofing Supply
New York State Housing Inventory at Historic Low
Housing inventory fell 2.6% year-over-year in December to 23,198. Continue Reading New York State Housing Inventory at Historic Low
Connecticut Considers Statewide Landlord Register, Rent Caps When Properties Change Hands
SmartMLS, the Connecticut multiple listing service, found statewide home prices were up 8.2% year-over-year in the fourth quarter of 2024. Continue Reading Connecticut Considers Statewide Landlord Register, Rent Caps When Properties Change Hands
Brookfield Pays $1.6 Billion for Two Japanese Properties
“You’re going to see us doing a lot more in Japan,” said Brookfield’s Andrew Burych. Continue Reading Brookfield Pays $1.6 Billion for Two Japanese Properties
EQT Real Estate Buys 12-Building Logistics Assemblage in Italy
The properties hold an average building age of 10 years and feature Grade A technical specifications. Continue Reading EQT Real Estate Buys 12-Building Logistics Assemblage in Italy
Hits and Misses for the Real Estate Week of Jan. 20-24
The unlikely blame for a mansion’s lack of buyers, AREA’s first local chapter and a grim forecast on Los Angeles’ housing market. Continue Reading Hits and Misses for the Real Estate Week of Jan. 20-24
Florida Home Sales Down Nearly 2% in 2024
For December, Florida recorded 20,784 closed sales of single-family homes, up 12.8% from the prior year. Continue Reading Florida Home Sales Down Nearly 2% in 2024
Forecast: Construction Industry Needs 439,000 Workers in 2025
A new forecast by the Associated Builders and Contractors (ABC) is estimating that an estimated 439,000 net new workers are needed this year to meet anticipated demand for construction services. The forecast also predicted the construction industry will need to bring...
