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NAR Names the 10 Top Housing Hot Spots for 2025

NAR Names the 10 Top Housing Hot Spots for 2025

by Phil Hall | Dec 13, 2024 | Current News & Events, Market Snapshot, Real Estate News, U.S. Housing Market, WRE News Exclusive

The National Association of Realtors (NAR) announced its picks for the 10 Top Housing Hot Spots 2025. This year’s list was compiled based on 10 factors: 1) Share of locked-in homeowners; 2) Average mortgage rate; 3) Job growth; 4) Share of millennial renters who can...
Mid-Atlantic Home Sales Up Despite Fewer Listings, Higher Prices

Mid-Atlantic Home Sales Up Despite Fewer Listings, Higher Prices

by Phil Hall | Dec 12, 2024 | Current News & Events, Market Snapshot, Real Estate News, U.S. Housing Market, WRE News Exclusive

Home sales activity was on the rise across the Mid-Atlantic region in November, according to new data from Bright MLS. Across the Bright MLS service area, there was a 5.7% year-over-year increase in the number of homes for sale. This marked the third consecutive month...

Toronto Home Sales Up 40% Year-Over-Year

by Phil Hall | Dec 4, 2024 | Current News & Events, International Real Estate News, Market Snapshot, Real Estate News, WRE News Exclusive

Home sales soared during November in the Greater Toronto Area, according to new data from Toronto Regional Real Estate Board (TRREB). A total of 5,875 home sales were transacted through TRREB’s MLS System last month, up 40.1% from the 4,194 sales reported in November...
New Forecast Predicts 3.7% Home Sale Price Growth in 2025

New Forecast Predicts 3.7% Home Sale Price Growth in 2025

by Phil Hall | Dec 4, 2024 | Current News & Events, Market Snapshot, Real Estate News, U.S. Housing Market, WRE News Exclusive

The coming year will see home sale prices will grow by 3.7% while mortgage rates will stay above 6% and rents will remain virtually unchanged, according to a new forecast from Realtor.com. Realtor.com’s forecast is also pointing to an 11.7% increase in existing home...
British Columbia Home Sales Up 33.5% Year-Over-Year

British Columbia Home Sales Up 33.5% Year-Over-Year

by Phil Hall | Nov 26, 2024 | Current News & Events, International Real Estate News, Market Snapshot, Real Estate News, WRE News Exclusive

British Columbia recorded a total of 7,119 residential unit sales in October, a 33.5% spike from one year earlier. According to data from the British Columbia Real Estate Association (BCREA), last month’s total sales dollar volume was $6.9 billion, up 33.8% from...
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