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New Forecast Predicts 77,000 Home Sales for Greater Toronto Area in 2024
The average selling price for all home types in the GTA market will reach $1.17 million this year, the TRREB predicted. Continue Reading New Forecast Predicts 77,000 Home Sales for Greater Toronto Area in 2024
Safe and Green Development Corp. Acquires XENE Real Estate AI Software
The platform is being promoted as a tool to streamline property transactions. Continue Reading Safe and Green Development Corp. Acquires XENE Real Estate AI Software
Mortgage Rates Remain Stagnant
The 30-year fixed-rate mortgage averaged 6.64%, recording a scant uptick from last week when it averaged 6.63% Continue Reading Mortgage Rates Remain Stagnant
86% of Metro Areas Posted Home Price Gains in Q4 2023
The national median single-family existing home price was up by 3.5% from a year ago to $391,700. Continue Reading 86% of Metro Areas Posted Home Price Gains in Q4 2023
MBA: Mortgage Delinquency Rate Inched Up in Q4 2023
The FHA delinquency rate spiked by 131 basis points to 10.81%, the highest level since the third quarter of 2021. Continue Reading MBA: Mortgage Delinquency Rate Inched Up in Q4 2023
NAHB: Housing Affordability Remains Near Historic Low Level
37.7% of new and existing homes sold in the fourth quarter were affordable to families earning the national median income of $96,300. Continue Reading NAHB: Housing Affordability Remains Near Historic Low Level
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