Tag Archives: housing

Canada recently banned investments in residential property by non-Canadians for two years, aiming to cool off an overheated housing market which saw the average Canada home price surge by 20% in 2021.  Meanwhile, Florida Gov. Ron DeSantis wants to ban sales of homes and farmland in his state by companies …

By most measures, the U.S. economy is in solid shape. Although the first half of 2022 started off with negative growth, a strong labor market and resilient consumer helped turn things around and give hope for the year ahead. Gross domestic product, which tracks the overall health of the economy, …

Colorful cafe bars at the iconic Beale Street music and entertainment district of downtown Memphis, Tennessee. benedek | iStock | Getty Images Despite broad hikes in rental prices, competition is easing in some U.S. markets as inventory grows, according to a new report from national real estate brokerage HouseCanary. At …

Sales of new US single-family homes increased for a third straight month in December as mortgage rates continued to decline, offering hope that the struggling housing market was starting to stabilize. New home sales increased 2.3% to a seasonally adjusted annual rate of 616,000 units last month, the Commerce Department said on Thursday. November’s sales pace was …

Housing rights activists and tenants protest against evictions and the poor condition of their apartments outside the offices the landlord Broadway Capital in Chelsea, Massachusetts on April 25, 2022. Brian Snyder | Reuters The Biden administration announced on Wednesday new actions to protect renters across the U.S., including trying to …

The New York State Emergency Rental Assistance Program, which helped residents who missed rent payments during the COVID-19 Pandemic, ignored New York City Housing Authority tenants since its inception. Now, almost three years after the pandemic began, thousands of New York City’s public housing residents are facing large rental arrears, …

Fastenal Company (NASDAQ: FAST), a leading manufacturer of threaded fasteners like screws and other hardware, has constantly expanded its presence in the non-US market. In the last decade, the company’s international revenue more than tripled and crossed the $1-billion mark for the first time in 2022. The Stock When the …

Renting in a capital city in 2023 is set to become harder as increasing demand and insufficient supply continue to drive up prices, experts predict. Key points: Enquiries per rental listing is up more than a third in Australia’s capital cities Meanwhile the number of rental listings is down 26.3 per cent Experts say …

The Space Needle stands near apartments in Seattle. Photo: Mike Kane/Bloomberg via Getty Images While Puget Sound housing remains among the most expensive in the nation, Seattle saw the steepest monthly decline in rent among major metros in December, based on a Zillow report released yesterday. Driving the news: Typical …

Consumers returned from the holiday season to find mortgage rates at their lowest point since September, and they are responding in dramatic fashion. Mortgage application volume jumped nearly 28% last week compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. The average contract interest rate …