Featured Real Estate News
Canadian Housing Starts Down 6% in March
Canadian housing starts decreased 6% in March to 235,852 units, compared to February’s total of 250,961 units. According to Canada Mortgage and Housing Corporation (CMHC), actual housing starts were up 10% year-over-year in localities with a population of 10,000 or...
Canadian Housing Starts Down 6% in March
“March housing starts data point to a continued loss of momentum in housing construction,” said CMHC’s Mathieu Laberge. Continue Reading Canadian Housing Starts Down 6% in March
Canopy Real Estate Partners Pays $13.39 Million for 36-Unit Phoenix-Area Multifamily Community
Canopy Real Estate Partners, a commercial real estate investment firm, has acquired CJ Townhomes, a newly constructed 36-unit multifamily community in Mesa, Arizona, for $13.39 million. The 61,670-square-foot, fully leased property was built in 2024 and consists of...
A Phil Hall Op-Ed: In Search of New Homes
A Phil Hall Op-Ed: Last week, the National Association of Home Builders (NAHB) number-crunched data from the American Community Survey and came up with a remarkable result: Roughly half of the nation’s housing stock was built in the 1980s and earlier, with slightly...
New Data Reports Find Cooling but Continued Home Price Gains
Two new data reports tracking January's housing market found home prices are continuing to rise, albeit at a much slower pace. The S&P Cotality Case-Shiller US National Home Price NSA Index reported a 0.9% annual gain in January, down from a 1.1% rise in the...
News & Current Events
Chicago Bears Give Illinois Lawmakers More Time to Resolve Obstacles for a New Stadium
“We don’t have a set deadline, but I am confident that sometime this spring/summer, we’ll know,” said Bears President Kevin Warren. Continue Reading Chicago Bears Give Illinois Lawmakers More Time to Resolve Obstacles for a New Stadium
Lennar to Open 3 New Townhome Communities in Southwest Florida
The townhomes offer two-story, open-concept floor plans ranging from 1,343 to 1,392 square feet with three bedrooms and two baths. Continue Reading Lennar to Open 3 New Townhome Communities in Southwest Florida
First Residences Available in New Savannah-Area Build-to-Rent Community
Vertical construction began last October, with the first units expected in April and full project completion slated for early 2027. Continue Reading First Residences Available in New Savannah-Area Build-to-Rent Community
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Exclusive News
Wendy’s to Close Hundreds of Restaurants Following Weak Q4 Financial Performance
Wendy’s said it could close between 5% and 6% of its US restaurants – 298 to 358 locations – during the first half of this year. Continue Reading Wendy’s to Close Hundreds of Restaurants Following Weak Q4 Financial Performance
Hits and Misses for the Real Estate Week of Feb. 9-13
A Capitol Hill conundrum on affordable homeownership, another state wants the Chicago Bears, and a historic theater reopens for business. Continue Reading Hits and Misses for the Real Estate Week of Feb. 9-13
Massachusetts to Study Building Code Change to Enable More Housing Construction
The advisory group will include fire and public safety services professionals, building officials, architectural experts, and accessibility advocates. Continue Reading Massachusetts to Study Building Code Change to Enable More Housing Construction
Grassroots Utah Group Quits Effort to Overturn Property Tax Hike
Ax the Tax sought to collect petition signatures that would have placed the property tax overturn on November’s ballot. Continue Reading Grassroots Utah Group Quits Effort to Overturn Property Tax Hike
Winnipeg Shopping Center Sells for $160.5 Million
St. Vital Centre encompasses approximately 1 million square feet of gross leasable area and features 160 retailers. Continue Reading Winnipeg Shopping Center Sells for $160.5 Million
Sen. Tillis Rebuffs Effort to Lift His Opposition to Kevin Warsh as Next Fed Chairman
Treasury Secretary Bessent called on called on the Banking Committee to proceed with a hearing on Warsh’s nomination despite Tillis’ stand. Continue Reading Sen. Tillis Rebuffs Effort to Lift His Opposition to Kevin Warsh as Next Fed Chairman
Rick Seehausen Named President of Lenders One
Seehausen replaces Justin Demola, who left Lenders One last month to join Equifax as senior vice president of mortgage and housing, Continue Reading Rick Seehausen Named President of Lenders One
Japan’s Sumitomo Forestry Acquires Tri Pointe Homes for $4.5 Billion
Tri Pointe Homes will continue as a wholly owned subsidiary of Sumitomo Forestry America Inc. Continue Reading Japan’s Sumitomo Forestry Acquires Tri Pointe Homes for $4.5 Billion
DC Attorney General Files Lawsuit to Dismantle ‘Slumlord Empire’
In his lawsuit, Schwalb alleged the Razjooyans have violated the District’s Consumer Protection Procedures Act, the District’s False Claims Act, and the federal RICO Act. Continue Reading DC Attorney General Files Lawsuit to Dismantle ‘Slumlord Empire’