US Pending Home Sales Drop Sharply in June Amid High Mortgage Rates
Contracts to purchase previously owned homes in the United States fell far more than expected in June, highlighting continued weakness in the housing market. The National Association of Realtors’ Pending Home Sales Index dropped...
New York Freezes Rents for One Million Regulated Apartments in Landmark Housing Decision
New York City has approved a rent freeze for nearly one million rent-regulated apartments for up to two years, delivering on a major campaign promise made by Mayor Zohran Mamdani. In a 7-1 vote,...
U.S. Homeownership Sentiment Rebounds as More Consumers Prefer Buying Over Renting
A growing number of Americans are once again favoring homeownership, with a majority now saying they would rather buy a home than rent or live with family, according to Bank of America’s latest Homebuyer...
Canadian Home Sales Rebound in May as Market Activity Gains Momentum
Canadian home sales rose in May, recovering some ground after a sluggish start to the traditionally busy spring housing season, according to data released Tuesday by the Canadian Real Estate Association (CREA). Home sales...