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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...
$15.85 Million Home Sale Breaks Record for North Carolina

$15.85 Million Home Sale Breaks Record for North Carolina

by Phil Hall | Nov 25, 2024 | Current News & Events, Market Snapshot, Real Estate News, U.S. Housing Market, WRE News Exclusive

North Carolina scored a new record-breaking home sale with a $15.85 million transaction in the state’s Blue Ridge Mountains. According to Mansion Global, the approximately 13,500-square-foot home on a 7.64-acre is in Banner Elk, an affluent vacation destination...
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