December real estate market update: slight decrease in YoY sales, market still cooling but better than November
First up, December deals. These mostly reflect contracts that got inked back in October and November. So, what’s shaking in the inventory department? Down 6.0%...
Real Estate Bubble bursting in Germany?
According to this article from German news media: Prices for apartments and houses have recently fallen more sharply than they have in over 20 years....
California housing market: a rollercoaster with a view
California’s home sales took a dip last month, tumbling down 5.8% from the year before. Think of it like riding Space Mountain after lunch –...
New Construction Starts and Permits increased by 15% in November, both on MoM and YoY basis
Housing starts surged in November, defying expectations. The Census Bureau reported a seasonally adjusted annual rate of 1.56 million starts, a stunning 14.8% jump from...
Trends and Forecasts in the California Real Estate Market
The California real estate market continues to be a topic of interest for both buyers and sellers alike. With its diverse landscapes, thriving economy, and...
Latest Trends in the Compass Real Estate Market
The real estate market is constantly evolving, and Compass Real Estate is at the forefront of these changes. As a technology-driven company, Compass combines innovative...
Monthly supply of new residential housing hit a 10 year high
This is for new builds specifically, but still a clear sign the market is shifting. Lots of houses builders are sitting on. Price reductions come...
Canada bans foreign home buyers for two years, ignoring the actual root cause of the problem
The Canadian government will ban foreign homebuyers for two years, AP reported Monday. The ban is aimed at “[c]urbing unfair practices that drive up the price of...
Canada home sales and volume fell in March 2022
Market slowing down in Canada, where the average price came in at $796,000, down from all-time high reached previous month. The Canadian Real Estate Association...