Latest Updates Around The World
More than half (56%) of businesses cited housing affordability as the biggest challenge in 2026, with rising costs (36%) and local economic conditions (35%) also driving a large response share. Despite these persistent headwinds, companies are cautiously optimistic. Thirty-eight percent expect profitability to increase in 2025, compared to 30% in 2023 – the last time […]
The home of the University of Virginia has ended a nightmare that left a new “missing middle” zoning code in limbo due to a legal technicality. Charlottesville has settled a lawsuit with several homeowners who filed a complaint in January 2024, alleging the city did not follow proper procedure when it passed an ordinance in […]
The answer, according to Kushi, lies in six forces shaping the outlook: affordability, demographic demand, regional divergence, local tension, rising inventory and the continued benefit to new housing. Affordability and demographics Mortgage rates are expected to remain in the low 6% range next year, according to a report published this week by First American Data […]
“Military members have made sacrifices to protect our home,” said Bill Banfield, Chief Business Officer at Rocket. “VA loans are one of the most powerful benefits available to veterans and service members, opening doors to homeownership with no down payment, no monthly mortgage insurance and flexible credit requirements. “This is an excellent time for veterans […]
The Memphis housing market shifted further into buyer-favorable territory this week, with 45.2% of active listings receiving price reductions while homes spent an average of 84 days on the market. The metro’s 4,455 active single-family home listings represent a 17.6% increase over the same period last year, creating the region’s strongest bargaining power for buyers […]
Many Canadians rely on their home as the cornerstone of their personal wealth, but as much as Millennials and Generation Z want to start building their own wealth, for many the dream of homeownership is still painfully out of reach. The Re/Max Housing Market Drivers Report Published this week, it examines nine major Canadian urban […]
The following is a joint statement released on October 27 by members of the Ontario housing sector, including the Toronto Regional Real Estate Board (TRREB) and the Ontario Real Estate Association (OREA). Ontario is facing a housing crisis. Projects are stalling, builders are canceling developments and families and individuals are being priced out of the […]
At the National Housing Market, states with the most active entries show large differences in how quickly houses sell. HW data shows that California Moving Inventory takes the fastest, while Florida and Texas last longer, despite wearing a larger offer. California determines the pace California has 57,065 active entries and a median time of 63 […]
A coalition of BC municipalities, housing organizations and community groups calls on the provincial government to set up a permanent housing policy. Announced on Monday, the call for action follows a resolution of the Union of BC Municipalities (UBCM). The motion, brought forward by the North Central Local Government Association, urges the province to create […]
A dual group of legislators has introduced legislation aimed at redeveloping empty buildings in affordable homes. Reps. Sam Liccardo (D-Calif.), Maria Salazar (R-fla.), Johnny Olszewski (D-MD.) And Brian Fitzpatrick (R-PA.) Announced the revitalizing empty Structures Into Desirable Envimes (Reside) act to that WOBILDIEFSS Empty Offices, Malls, Motels and Other Properties Into Homes. “Because an infection […]
