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California Home Sales at Five-Month High

California Home Sales at Five-Month High

by Phil Hall | Aug 20, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Home sales in California totaled a seasonally adjusted annualized rate of 279,810 in July, a 3.6% increase from June and a 4.1% boost from one year ago, according to new data from the California Association of Realtors (CAR). July’s total marked a five-month high...
Canadian Home Sales Dip Slightly Despite More Listings

Canadian Home Sales Dip Slightly Despite More Listings

by Phil Hall | Aug 19, 2024 | Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

Home sales across Canada during July were down by 0.7% month-over-month but were also up 4.8% from one year earlier, according to the Canadian Real Estate Association (CREA). Monthly changes in sales activity were generally small in the larger urban centers, with...
RE/MAX: Home Prices Drop as Sales Rise 3.8%

RE/MAX: Home Prices Drop as Sales Rise 3.8%

by Phil Hall | Aug 16, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The housing market recorded its first month-over-month decline in the median sales price this year, according to data published by RE/MAX LLC, a subsidiary of RE/MAX Holdings (NYSE: RMAX). Across the 51 metro areas surveyed for its report, RE/MAX found the median...
New Listing Activity Percolates Across Mid-Atlantic Region

New Listing Activity Percolates Across Mid-Atlantic Region

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

New listing activity in the Mid-Atlantic region is up 5.5% year-to-date, with active listings at the end of July up 24.7% year-over-year, according to new data from Bright MLS. The median sold price in the Bright MLS service area in July was $420,000, up 5%...
$35 Million Listing Breaks Illinois Record

$35 Million Listing Breaks Illinois Record

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

A 20,000-square-foot limestone mansion on Lake Michigan has broken the record for the most expensive home listing in Illinois. The Wall Street Journal reported the seven-bedroom residence in the Chicago suburb of Winnetka is on the market for $35 million. The 2.3-acre...
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