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California Home Affordability Improves Slightly From One Year Ago

California Home Affordability Improves Slightly From One Year Ago

by Phil Hall | Aug 12, 2025 | Current News & Events, Real Estate News, U.S. Housing Market

Only 15% of California households could afford to purchase the $905,680 median-priced home in the second quarter, down from 17% in the first quarter and up slightly from 14% in the second quarter of 2024. According to data from the California Association of Realtors...
Three Out of Four Metro Areas Saw Q2 Home Price Increases

Three Out of Four Metro Areas Saw Q2 Home Price Increases

by Phil Hall | Aug 12, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

New data from the National Association of Realtors (NAR) has determined three-quarters of the US metro markets (170 out of 228) registered home price gains during the second quarter, which is down from 83% in the first quarter. Only 5% of metro areas recorded...
Mid-Atlantic Home Sales Decline While Higher-End Properties Fuel Median Price Upswing

Mid-Atlantic Home Sales Decline While Higher-End Properties Fuel Median Price Upswing

by Phil Hall | Aug 12, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The summer doldrums weighted on the Mid-Atlantic markets in the Bright MLS service area, which recorded a 2.8% year-over-year decline in closed sales during July. Last month, there were 20,847 new pending contracts in the Bright MLS service area, down by 1.7% from the...
Montreal Home Sales Up 10% Year-Over-Year

Montreal Home Sales Up 10% Year-Over-Year

by Phil Hall | Aug 7, 2025 | Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

The Montreal Census Metropolitan Area (CMA) recoded 3,731 residential in July, a 10% year-over-year hike and the highest level of transactional activity since the 2021 peak during the pandemic. According to the Quebec Professional Association of Real Estate Brokers...
Toronto Records Strongest July Home Sales in Four Years

Toronto Records Strongest July Home Sales in Four Years

by Phil Hall | Aug 6, 2025 | Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

A total of 6,100 homes were sold in July through the Toronto Regional Real Estate Board’s (TRREB) MLS, a 10.9% year-over-year increase. The latest home sales total was the strongest result for the month of July since 2021 – however, it was also slightly lower than the...
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