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Canada Invests $81.5 Million into New 159-Unit Development in Toronto

Canada Invests $81.5 Million into New 159-Unit Development in Toronto

by Phil Hall | Jul 28, 2025 | Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

The Canadian government has announced the investment of over $81.5 million through the Apartment Construction Loan Program for the creation of 159 new rental units in Toronto. The nine-story development at 3101 Bathurst Street Vivant at Bedford Park will be developed...
Zillow Unveils 5 New Features to Improve User Friendliness

Zillow Unveils 5 New Features to Improve User Friendliness

by Phil Hall | Jul 15, 2025 | Current News & Events, Real Estate Agent Tools, Real Estate News, WRE News Exclusive

Zillow (NASDAQ: Z, ZG) has unveiled five new features on its platform designed to improve the user friendliness in the homebuying, selling and renting processes. The new features include the following: SkyTour: Available on eligible Zillow Showcase listings, the tool...
Asking Rents Down for Fourth Straight Month

Asking Rents Down for Fourth Straight Month

by Phil Hall | Jul 9, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The median asking rent in June dropped by 0.5% year-over-year to $1,642, according to data from Redfin. This marked the fourth straight month of annual declines. On a month-over-month basis, asking rents rose 0.6%. June’s median asking rent is $63 below the $1,705...
Report: Pet Friendly Rentals Get Leased Faster

Report: Pet Friendly Rentals Get Leased Faster

by Phil Hall | Jul 2, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

Rental housing property managers can sign new tenants with greater speed by being pet friendly, according to a new data report by Zillow (NASDAQ: Z, ZG). Nearly six in 10 of today’s renters have a pet, up from 46% before the pandemic, and nearly half said they passed...
NYC Panel Approves Hike on Rent-Stabilized Apartments of Up to 4.5%

NYC Panel Approves Hike on Rent-Stabilized Apartments of Up to 4.5%

by Phil Hall | Jul 1, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The New York City Rent Guidelines Board voted 5-4 on a rent hike of up to 4.5% for the city’s roughly 1 million rent-stabilized apartments. The New York Post reports the board approved a 3% rent increase on 1-year leases and 4.5% for 2-year leases that start on or...
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