Closed home sales across the Mid-Atlantic region served by Bright MLS rose 6.2% year-over-year in September with 18,607 homes. Last month’s sales increase pushed the 2025 year-to-date sales total ahead of the full year’s activity of 2024. The number of new pending...
Home affordability has reached its best level since early 2023 thanks to easing mortgage rates, according to ICE Mortgage Technology’s October ICE Mortgage Monitor Report. The new report cited 30-year mortgage rates averaging 6.26% in mid-September while the monthly...
One of every six (16.7%) home sellers dropped their asking price in August, up from 15.9% one year earlier. According to data from Redfin, this marked the highest share for August in records dating back to 2012. The typical home that sold in August went for 3.8% less...
A total of 5,592 home sales were transacted through the Toronto Regional Real Estate Board’s (TRREB) MLS System in September, an 8.5% year-over-year increase. This occurred with a 4% year-over-year uptick of new listings into the MLS System, resulting in a total of...
Two new data reports have affirmed home price acceleration is continuing to slow down. The S&P Cotality Case-Shiller US National Home Price NSA Index reported a 1.7% annual gain for July, down from a 1.9% rise in June for the slowest acceleration in two years. The...
FBI Investigating Lurin Capital Amid Multifamily Collapse
