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Toronto Home Sales Down in January While New Listings Expand

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

A total of 3,847 homes were sold in the Greater Toronto Area (GTA) through the Toronto Regional Real Estate Board’s (TRREB) MLS System in January, down by 7.9% from the 4,177 transactions recorded in the same period last year. Although sales activity was down, new...
Case-Shiller: Home Price Index Up 3.8%

Case-Shiller: Home Price Index Up 3.8%

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

The S&P CoreLogic Case-Shiller US National Home Price NSA Index reported a 3.8% annual return for November, up from a 3.6% annual gain in October. The 10-City Composite saw an annual increase of 4.9%, the same level as in the previous month, while the 20-City...
New Home Sales Up in December

New Home Sales Up in December

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

Sales of new single-family houses in December were at a seasonally adjusted annual rate of 698,000, according to estimates from the US Census Bureau and the Department of Housing and Urban Development. This is 3.6% above the revised November rate of 674,000 and is...
New York State Housing Inventory at Historic Low

New York State Housing Inventory at Historic Low

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

New York State’s housing inventory dropped to a historic low while home sales and prices increased. According to date from the New York State Association of Realtors, housing inventory fell 2.6% year-over-year in December to 23,198, the lowest number of homes for sale...
Florida Home Sales Down Nearly 2% in 2024

Florida Home Sales Down Nearly 2% in 2024

by Phil Hall | Jan 24, 2025 | Current News & Events, Market Snapshot, Real Estate News, U.S. Housing Market, WRE News Exclusive

Florida closed 2024 with 252,688 closed sales of existing single-family homes, down 1.9% compared to the 2023 year-end level, according to data from Florida Realtors. For existing condo-townhouses, a total of 94,380 units sold statewide last year, down 10.5% compared...
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