Positive data on rental housing costs, a new threat to close the CFPB, and California’s housing market shows signs of vitality. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Oct. 13-17. Hit: Some Rent Relief. A new data...
A new 91-unit rental home community has opened in Edmonton, Alberta. The Parkside North Townhomes were built on the former military base Griesbach Barracks. The development was funded with $44.9 million provided by Canada’s federal government, Canada Lands and the...
The median asking rent in New York City reached $3,599 during the third quarter, up 5.4% from one year ago, according to the latest NYC Rent Report from Realtor.com. The current median rent for the city’s residents is now 20.2% higher than it was prior to the...
Apartment rents declined in September with the national average falling to $1,712, a 0.3% dip from August’s revised figure of $1,717. According to data from Apartments.com, an online marketplace of CoStar Group (NASDAQ: CSGP), this marks the third consecutive month of...
Mortgage Rates Reach 7.40%, Highest Since November 2023
