Apartment rent rates in the U.S. rose by 0.4 percent in May, the 67th consecutive month of increase, according to USA Today (citing consumer price index data). Rents climbed by about five percent in the first half of the year … Continue reading →
The average sale price for residential properties in Miami Beach and Barrier Islands fell by 7.5 percent in Q1-2016 year-over-year to $905,252 and the median sale price dropped by 6.6 percent year-over-year to $408,750, according to CNBC (citing a report … Continue reading →
The median US home value dropped by three percent from January 2008 ($189,200) to December 2015 ($183,500),
Continue reading →Sales of new US homes increased by 10.8 percent (the most since August 2014) in December to 544,000 at an annualized pace,
Continue reading →Foreign ownership of condominiums in Toronto and Vancouver increased to 3.3 percent and 3.5 percent respectively, over the past 12 month – up from the low to mid 2 percent range,
Continue reading →In the year ended in March, Chinese buyers spent $28.6 billion on homes in the US – more than double their purchases two years before,
Continue reading →Sales of single family homes in DC valued at more than $1 million increased from three percent of all home sales in 2001 to over 18 percent in 2015,
Continue reading →From 2008 to the middle of 2014, only six homes in Guam sold for $1 million and above. From August 2014 to September 2015, there have been seven sales of homes priced at $1 million or greater,
Continue reading →Closings on existing homes for September climbed 4.7 percent to a 5.55 million annualized rate, according to Bloomberg (citing research from the National Association of Realtors). The median price of an So, it is better going with oysters than spending … Continue reading →
CW Capital will sell the 11,232-unit, 80-acre Stuyvesant Town-Peter Cooper Village to The Blackstone Group for $5.3 billion, according to The New York Times. The buyer has agreed to set aside 4,500 apartments for middle-income families and an additional 500 … Continue reading →