A report from Kelowna Now in Canada. "Canada's most expensive rental markets in Toronto and Vancouver continue to report a downward trajectory in prices. Toronto's one and two-bedroom prices are down 10% and 12%, respectively, since this time last year.…
A report from Bankrate. "You’ve listed your home at what you both believe is an accurate price, and you’ve hosted many showings, but so far, no one has made an offer. So why hasn’t your home sold? 'Pricing is usually…
A report from CNBC on California. "Greg Tribulato is having trouble getting buyers interested in two extensively renovated condominiums he’s trying to sell in San Francisco’s Mission district. They’ve been on the market for three months. The one with two…
A weekend topic on this Globe and Mail article. "Condo owner Brock Worobel says he is feeling extremely uneasy living at 53 West Hastings, near Vancouver’s downtown east side. Mr. Worobel purchased his condo in the six-storey Paris Block, just…
A report from Danielle DiMartino Booth at Bloomberg. "The Covid-19 pandemic has unleashed numerous unexpected economic consequences. One that has turned out to be good for the economy but could end up being disastrous is the boom in mortgage refinancings.…
A weekend topic starting with Bloomberg. "Regional players New York Community Bancorp Inc. and Signature Bank are becoming a case study for potential trouble from a sudden downturn in the Big Apple’s property sector, and their share prices are suffering.…
It's Friday desk clearing time for this blogger. "The good news for buyers is that inventory is rising in places such as Arlington County and Alexandria, up 39% and 38% respectively compared to a year ago. 'We’re seeing huge increases…
A report from AZ Big Media in Arizona. "William Gray, former president of the Arizona School of Real Estate and Business, said the homebuying market has 'been going gangbusters' since the beginning of the summer. 'One of the little problems…
A report from Arlington Now in Virginia. "This week’s key figure is… 20 percent. During the last week, we’ve seen approximately a 20 percent increase in local listings spanning single-family homes, townhouses and condominiums. Spin it however you’d like folks,…
A report from Bisnow. "Landlords are under pressure, and optimism is in short supply among mom-and-pops and midsized owners. 'It's a dire situation,' MassLandlords Executive Director Douglas Quattrochi said. 'Landlords are also dipping into their savings. I've talked to many…