A report from Global News on Canada. "The housing industry in Saskatoon is slower but remains steady, according to experts. And right now it is a buyers market. 'If you are in the market to buy a new home there…
A report from the Times of London. "Sean Rakidzich was 'spitting fire.' The 34-year-old from Houston had built a small empire via Airbnb, managing 103 properties in Texas and Pennsylvania. Then the coronavirus walloped his business, as it did everyone…
A report from the Huffington Post on Canada. "The COVID-19 pandemic has taken the steam entirely out of Toronto’s housing market, with home sales falling by 76 per cent in the week ending April 5, new data shows. In terms…
A report from Macleans in Canada. "An unprecedented one million Canadians applied for unemployment insurance in just one week in March. Officials are bracing for four million applicants. We have moved with alarming speed past the question of whether Canada…
A report from Bisnow. "The COVID-19 pandemic is impacting the commercial real estate market in ways both large and small. Shares of real estate investment trusts have fallen 34% between February and March 16, which implies a 24% decline in…
A report from CNBC. "CNBC’s Jim Cramer on Friday delivered a dire message about the financial future. 'Home buying had been a real engine of the old economy. I’m betting these numbers collapse,' Cramer said. 'The whole housing cohort’s a…
A report from Reuters. "The coronavirus crisis is likely to cut home and office building prices, may lead to a permanent shift in the demand for office space, and could push highly indebted households and companies toward default, Boston Federal…
A report from the Wall Street Journal. "The central bank’s decision to buy a nearly unlimited supply of government-backed mortgages has helped calm skittish markets and ensure that 30-year home loans remain available. But the market for loans in which…
A report from the Wall Street Journal. "As the novel coronavirus causes turmoil in property markets, some of the most risk-hungry real-estate lenders are starting to come under pressure. Funding debt investments with bank loans has allowed REITs and debt…