A report from CNBC on New York. "New leases for Manhattan apartments plunged by 71% in April, and vacancies soared as the rental market froze amid the coronavirus pandemic and more residents left the city, according to a new report.…
A report from the Globe and Mail in Canada. "Canadian home sales tanked and price dipped in April over the previous month, marking the weakest activity since 1984. Last month, 16,612 homes were sold on a seasonally adjusted basis, down…
A report from the Star Advertiser in Hawaii. "Munro Murdock, founder of Love Hawaii Realty and Love Hawaii Villas, was living the dream up until a few months ago, helping owner clients generate millions of dollars in vacation rental revenue.…
A report from Summit Daily in Colorado. "People in the short-term rental business are still looking toward the future with anxiety and trepidation as the county’s ban on short-term lodging looms over their financial stability. Patty Whetham owns Breckenridge Rental,…
It's Friday desk clearing time for this blogger. "Guy Therien saw a house on a five-acre property outside of Sherwood last year that he says was beyond his wildest dreams. The Parrett Mountain estate was for sale, but he couldn’t…
A report from WGBH. "Existing home sales fell nearly 9% in March, according to the National Association of Realtors, as millions of Americans lost their jobs to the coronavirus pandemic and millions more hunkered down to avoid getting sick. April's…
A report from Mortgage Professional America. "A survey by Apartment List, an online listing marketplace found that renters and homeowners that were able to make a full payment on their rent or mortgage in the first week of May was…
A report from Toronto Storeys in Canada. "Zoocasa used data from the Toronto Regional Real Estate Board (TRREB) to compare how median prices changed between February and April 2020 for 35 neighbourhoods. For the City of Toronto as a whole,…
A report from the Center Square on Florida. "Florida home sales have declined between 30 percent to 40 percent statewide since mid-March, with new listings for single-family homes down 3.6 percent and condo-townhouse properties down 10.4 percent compared with a…
A report from the Sydney Morning Herald in Australia. "The accommodation apocalypse that hit short-stay Airbnb apartment owners and operators in Sydney and Melbourne is leading to an oversupply of long-term rentals, sharply driving down rents. The sudden halt to…