A report from Canadian Mortgage Trends. "Home sales in the Greater Toronto Area were down 69% year-over-year in the first 17 days of April, the Toronto Regional Real Estate Board reported in a mid-month update. 'For now, we have pencilled…
A report from the Associated Press on Utah. "Evidence from Utah home listings suggests some homeowners are pulling back. A few are panic selling — while would-be buyers begin to feel tightening credit, with more hurdles to jump to get…
A weekend topic starting with the Globe and Mail. "So who is paying for this massive wave of purchases by the Fed, the Bank of Canada and others? For now, nobody. Central banks are simply crediting themselves with the funds…
A report from Postmedia in Canada. "Calbridge Homes knows that people are still looking to buy right now. With the current climate of uncertainty, the builder has introduced two programs to help support people during this time. The Price Drop…
A report from 5280 in Colorado. "Well, Denver: It’s been quite a journey. Over the past decade, we’ve experienced what just might be the metro area’s most volatile period of growth ever and a record-setting real estate market. The ride…
It's Friday desk clearing time for this blogger. "'I've definitely seen deals in escrow when this hit, where the buyer came to the seller and said 'I'm still willing to move forward, but with this news and health crisis and…
A report from Global News in Canada. "Data on Canada’s housing market have yet to reveal the full impact of the novel coronavirus pandemic. But market watchers say one group of homeowners looks especially vulnerable: over-leveraged residential landlords. 'You have…
A report from the Wall Street Journal. "A government effort to give Americans a break on their mortgage payments during the coronavirus pandemic hasn’t provided the relief many homeowners were hoping for. The stimulus package that Congress passed in March…
A report from Multi-Housing News. "Multi-Housing News talked to Brown Harris Stevens’ first CEO, Bess Freedman, about the luxury real estate market in the time of COVID-19. How was New York City’s luxury real estate market before COVID-19? Freedman: Before…
A report from Narcity in Canada. "Toronto's Regional Real Estate Board offered a glimpse into the housing market in April, and it's not all bad news. According to the report, Toronto housing prices actually dropped this month. Detached homes were…