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Toronto Home Sales Down 13.3% From One Year Ago

Toronto Home Sales Down 13.3% From One Year Ago

by Phil Hall | Jun 4, 2025 | Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

A total of 6,244 home sales were transacted through the Toronto Regional Real Estate Board’s (TRREB) MLS System in May 2025, a 13.3% decline from one year earlier. On a seasonally adjusted basis, May home sales were up from the 5,601 transactions recorded in April....
Mortgage Application Activity Drops as Home Prices Rise

Mortgage Application Activity Drops as Home Prices Rise

by Phil Hall | May 28, 2025 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage application activity fell for the second consecutive week as home prices were on the rise. The Market Composite Index, the Mortgage Bankers Association’s (MBA) measure of mortgage loan application volume, decreased 1.2% on a seasonally adjusted basis for the...
Case-Shiller: Home Price Acceleration is Slowing

Case-Shiller: Home Price Acceleration is Slowing

by Phil Hall | May 27, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Home prices continued to rise in March, according to the latest S&P CoreLogic Case-Shiller data, albeit at a slight decrease from the previous reading in February. The S&P CoreLogic Case-Shiller US National Home Price NSA Index reported a 3.4% annual return...
Illinois Home Sales Decline While Housing Inventory Grows

Illinois Home Sales Decline While Housing Inventory Grows

by Phil Hall | May 23, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 11,308 single-family homes and condominiums were sold in Illinois during April, which marked a 3.4% drop from the 11,705 homes sold one year earlier. According to data from Illinois Realtors, the dip in home sales was seesawed by a rise in inventory – the...
Alabama Home Sales Dropped in April

Alabama Home Sales Dropped in April

by Phil Hall | May 23, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Alabama recorded 5,791 home sales during April, down 6.8% from the prior month but up 10.8% from one year earlier. According to data from the Alabama Association of Realtors (AAR), the state had 19,144 active listings at the end of April, a 27% upswing compared to the...
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