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Texas Luxury Housing Market Sales Up 10% Year-Over-Year

Texas Luxury Housing Market Sales Up 10% Year-Over-Year

by Phil Hall | Jan 13, 2025 | Current News & Events, Market Snapshot, Real Estate News, U.S. Housing Market, WRE News Exclusive

The luxury residential real estate market in Texas has recorded vibrant growth between November 2023 and October 2024, according to the 2024 Texas Sales of Million-Dollar Homes Report published by Texas Realtors. Collectively worth $21.4 billion, the 12,888 homes...

Toronto Home Sales Up, Prices Down in 2024

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

A total of 67,610 home sales were recorded in the Greater Toronto Area during 2024, a 2.6% increase from the 65,877 sales in 2023. According to data from the Toronto Regional Real Estate Board (TRREB), there was a total of 166,121 new listings for this market in 2024,...
Redfin: Unsold Properties Fuel Rise in Active Listings to 4-Year High

Redfin: Unsold Properties Fuel Rise in Active Listings to 4-Year High

by Phil Hall | Dec 30, 2024 | Current News & Events, Market Snapshot, Real Estate News, U.S. Housing Market, WRE News Exclusive

Active listings during November were up 0.5% from October and up 12.1% year-over-year, reaching the highest level since 2020. However, a new data report from Redfin (NASDAQ: RDFN) pointed to a “pileup of unsold homes” as being a primary cause for this new peak. More...
Kentucky Home Sales Up 4.3% Year-Over-Year

Kentucky Home Sales Up 4.3% Year-Over-Year

by Phil Hall | Dec 26, 2024 | Current News & Events, Market Snapshot, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 3,462 homes were sold in Kentucky during November, a 16.6% drop from October but also a 4.3% year-over-year increase. According to data from Kentucky Realtors, the state offered 4,425 new listings last month, a 27.8% decline from October but also a 2%...
Illinois Home Sales Up Nearly 3%

Illinois Home Sales Up Nearly 3%

by Phil Hall | Dec 24, 2024 | Current News & Events, Market Snapshot, Real Estate News, U.S. Housing Market, WRE News Exclusive

Illinois recorded 9,950 homes sales in November, up 2.8% from the 9,681 sold one year earlier. According to data from Illinois Realtors, the 20,863 homes available for sale statewide last month represented a 2.3% increase from the 20,401 available homes in November...
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