Blog

Fannie Mae Forecasts “Modest Recession” in 2023

Fannie Mae forecasts a “modest recession in the latter half of 2023” and believes the house-buying frenzy will begin to cool in the US. The Federal Reserve’s [...]

Read More

S&P CoreLogic Case-Shiller Index Marks New High

Home prices were up 19.2% in January according to the S&P CoreLogic Case-Shiller index. It is extremely difficult for Millennials and Gen Z to enter the housing [...]

Read More

Red Hot Rentals

Rentals are soaring across the US to unsustainable levels. Gone are the days when people stuck to the tradition of spending less than one week of income on housing. [...]

Read More

Canada Bans Foreigners from Real Estate Market but Misses Loopholes

Finance Minister Chrystia Freeland announced on Thursday that most foreigners would be barred from purchasing real estate in Canada for the next two years in an [...]

Read More

Rents in NYC Exceeding Pre-COVID Levels

COMMENT FROM A REAL ESTATE BROKER IN NYC ON RENTAL MARKET: Equity Residential is demanding 40 to 45% increases on lease renewals. On one floor in particular, units [...]

Read More

Rentals to Increase by At Least 3.6% Across the US

Freddie Mac’s annual Multifamily Outlook report foresees rent rising by 3.6% across the US in 2022. “Given the robust demand for housing this year, we believe [...]

Read More

Mortgage Lenders Provided a Record $1.61 Trillion in 2021

The post-pandemic real estate frenzy led to mortgage lenders issuing more money last year than ever before. According to records, mortgage lenders in the US issued [...]

Read More

US Home Prices Rise 18.4% in October

High demand and a low supply is causing home prices in the US to soar. The S&P CoreLogic Case-Shiller 20-city home price index found that all 20 major cities [...]

Read More

Canada Looks to Ban Foreign Home Ownership

Canadian Federal Housing Minister Ahmed Hussen addressed the housing shortage in many of Canada’s provinces by stating that he would like to limit passive foreign [...]

Read More

Rental Costs on the Rise Amid Diminished Supply

Demand for rentals in the US is increasing at an alarming pace. Single-family rentals rose 10.9% in October year-over-year, according to a report by CoreLogic. [...]

Read More