Featured Real Estate News
Toronto Home Sales and Prices Slumped in February
A total of 3,868 home sales were transacted through the Toronto Regional Real Estate Board’s (TRREB) MLS System in February, down by 6.3% from one year earlier. The decline in sales was matched with a 17.7% drop in new listings, which totaled 10,705 last month. On a...
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
Leadership Change at Mission Rock Residential
Mission Rock Residential, a Denver-headquartered third-party property management company, announced the transition of CEO Patricia “Pat” Hutchison into a new role as chairwoman of the board of directors in an advisory capacity through 2026. Meredith Wright, who served...
A Phil Hall Op-Ed: Hattie McDaniel’s Fight Against Housing Discrimination
A Phil Hall Op-Ed: Pop culture aficionados recognize Hattie McDaniel as a performer with a history of breaking entertainment barriers. She was the first Black woman to sing on radio, the first Black performer to win an Academy Award with her performance in “Gone with...
15% of Home Purchase Agreements Canceled During October
Roughly 53,000 home purchase agreements were canceled in October, equal to 15.1% of homes that went under contract that month. According to a new data report from Redfin, the share of canceled deals was up from the 14.3% level in October 2024. The report is based on...
News & Current Events
Toronto Home Sales and Prices Down in November
The average selling price of $1.03 million was 6.4% lower compared to November 2024. Continue Reading Toronto Home Sales and Prices Down in November
Boston Mayor Says Residential Property Taxes Rising 13% in 2026
More than 70% of Boston’s $4.6 billion budget comes from property taxes, primarily from commercial real estate. Continue Reading Boston Mayor Says Residential Property Taxes Rising 13% in 2026
Greystar in $24 Million Settlement with FTC and Colorado
“The agreement contains no admission of wrongdoing,” said the company in a statement. Continue Reading Greystar in $24 Million Settlement with FTC and Colorado
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Exclusive News
Richmond American Homes to Open Arden at Bedford in Corona, California
Pricing on the homes begins in the $900,000s. Continue Reading Richmond American Homes to Open Arden at Bedford in Corona, California
Joint Venture to Develop $400 Million, 670-Unit Residential Project in New Jersey
BNY led the financing of a $225 million senior secured construction loan in a three-bank deal. Continue Reading Joint Venture to Develop $400 Million, 670-Unit Residential Project in New Jersey
Q4 Investor Homebuying Activity at 8-Year Low
Investors purchased $36.5 billion worth of homes in the fourth quarter. Continue Reading Q4 Investor Homebuying Activity at 8-Year Low
Guest Opinion: Expanding Opportunities for the Construction of Starter Homes and Workforce Housing
Outdated land use and building regulations contribute significantly to the undersupply of housing and housing affordability challenges. Continue Reading Guest Opinion: Expanding Opportunities for the Construction of Starter Homes and Workforce Housing
Zillow: Late May is the Best Time to List a Home
Zillow noted the best time for listings varies among markets. Continue Reading Zillow: Late May is the Best Time to List a Home
Toronto Area Home Sales Down 27.4% Year-Over-Year
The average selling price at $1.08 million was down by 2.2% over the same period. Continue Reading Toronto Area Home Sales Down 27.4% Year-Over-Year
Alpha Residential to Launch 352-Unit Community in Pittsburgh Area
The development will be located 13 miles from downtown Pittsburgh. Continue Reading Alpha Residential to Launch 352-Unit Community in Pittsburgh Area
FHA Union Claims Workplace Layoffs are Imminent
Antonio Gaines said it was uncertain how many FHA workers would be laid off Continue Reading FHA Union Claims Workplace Layoffs are Imminent
Shant Banosian Named President of Rate Mortgage
Banosian joined the company (formerly Guaranteed Rate) in 2007 and was most recently executive vice president for sales. Continue Reading Shant Banosian Named President of Rate Mortgage