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New Study Tracks 10-Year Decline in Quebec’s Home Affordability Levels
Ten years ago, it took Quebec buyers about three years to save for the down payment, whereas it now takes five years. Continue Reading New Study Tracks 10-Year Decline in Quebec’s Home Affordability Levels
New Study Tracks 10-Year Decline in Quebec’s Home Affordability Levels
Ten years ago, it took Quebec buyers about three years to save for the down payment, whereas it now takes five years. Continue Reading New Study Tracks 10-Year Decline in Quebec’s Home Affordability Levels
Hospitality at Work Acquires Vector Property Services
Hospitality at Work, a manager of office and mixed-use properties and a subsidiary of the real estate developer and investor Lowe, has acquired Vector Property Services, a Denver-based company with over 2.5 million square feet of institutional property under...
Mortgage Rates Go Into Decline
After rising for two weeks, mortgage rates reversed course and declined in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.30% as of Oct. 9, down from last week when it averaged 6.34%. A year...
St. Louis Realtors Association Publishes Report on Racial Disparities in Region’s Housing
A new report published by the St. Louis Realtors Association has defined the racial disparities that continue to impact the regional housing market. The report, titled "Reimagining St. Louis: A Data-Driven Plan for Fair Homeownership," analyzed 75,000 home purchases...
NEWS & CURRENT EVENTS
Bridge Housing Launches Its First Private Equity Fund
“We are innovating every day to extend our reach and capacity to build, acquire, and redevelop affordable housing communities on the West Coast,” said Ken Lombard, president and CEO. “ Continue Reading Bridge Housing Launches Its First Private Equity Fund
Canada Creates Federal Agency Focused on Affordable Housing While Home Sales Continue to Rise
Ana Bailão, a former deputy mayor of Toronto, was named CEO of Build Canada Homes. Continue Reading Canada Creates Federal Agency Focused on Affordable Housing While Home Sales Continue to Rise
University of Alabama Renames Real Estate Program for Philanthropic Developer Rance M. Sanders
“We just see so many students who are promising, who are capable, but are struggling financially,” said Sanders. Continue Reading University of Alabama Renames Real Estate Program for Philanthropic Developer Rance M. Sanders
Graywood Developments Expands Residential Portfolio with Build-to-Rent Pipeline
As part of the move, Graywood has earmarked five residential communities under development in Toronto as rental projects, totaling approximately 3,000 units. Continue Reading Graywood Developments Expands Residential Portfolio with Build-to-Rent Pipeline
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WEEKLY REAL ESTATE NEWS EXCLUSIVE ARTICLES
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Josh Pristaw Named President at Clarion Partners
Pritsaw joins Clarion from the investment firm Pretium, where he served as senior managing director. Continue Reading Josh Pristaw Named President at Clarion Partners
Mortgage Rates Take an Upswing
The 30-year fixed-rate mortgage averaged 6.83% as of April 17, up from last week when it averaged 6.62%. Continue Reading Mortgage Rates Take an Upswing
Trump Calls for ‘Termination’ of Powell’s Fed Leadership
“Powell’s termination cannot come fast enough!” said the president. Continue Reading Trump Calls for ‘Termination’ of Powell’s Fed Leadership
Housing Starts Dropped in March
Single-family housing completions in March were at a rate of 1.029 million, up by 0.9% from the revised February rate of 1,020 million. Continue Reading Housing Starts Dropped in March
European Central Bank Cuts Interest Rates by 25 Basis Points
The ECB noted that “the disinflation process is well on track” but warned about challenges ahead. Continue Reading European Central Bank Cuts Interest Rates by 25 Basis Points
Average Property Tax on Single-Family Home Up 2.7% in 2024
The 10 states with the highest effective tax rates in 2024 were all in the Northeast and middle of the country. Continue Reading Average Property Tax on Single-Family Home Up 2.7% in 2024
Report: Homes Are Taking Longer to Sell
Active listings hit the highest level in five years in March via a 0.1% month-over-month uptick. Continue Reading Report: Homes Are Taking Longer to Sell
RE/MAX: Home Sales Up 23% in March
The median sales price last month was $435,000, which was nearly $8,000 (1.8%) higher than in February. Continue Reading RE/MAX: Home Sales Up 23% in March
Jim Dinegar Named CEO of Society of Industrial Office Realtors
He replaced Robert Thornburgh, who stepped down to become regional president of the Southwest Region at Cushman & Wakefield. Continue Reading Jim Dinegar Named CEO of Society of Industrial Office Realtors
Christie’s International Real Estate Expands into New Zealand
Award-winning agents Russell and Angela Thomas are co-leading the firm. Continue Reading Christie’s International Real Estate Expands into New Zealand
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Weekly Real Estate News covers the U.S. real estate and home finance industries and is written for industry professionals. It includes weekly news, trends, analysis and profiles of industry leaders. The publication reaches 1.25 million real estate professionals and offers an unbiased look at the industry’s most important issues. The publication offers subscribers frequent email newsletters and breaking news stories as well as access to the industry’s most experienced thought leaders.
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