Tag Archives: Industry News

Existing home sales remain steady, ending four-month slump

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Sales of existing homes remained steady from July to August, ending four months of decline, according to data from the National Association of Realtors. Continue reading →

Zillow to feature listings from Canada’s largest indie brokerage

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As part of its efforts to come to Canada, Zillow will soon feature listings from the country’s largest indie brokerage, Right At Home Realty. Continue reading →

Rents are flat for the first time since 2012

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The nationwide median rent in August remained unchanged year-over-year for the first time since 2012, according to Zillow’s latest housing data survey. The median rent is actually lower than it was in August 2017, in 19 of the nation’s 35 largest housi… Continue reading →

Purplebricks raises its fee in Australia, but has ‘no plans’ for a US hike

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In the United States, Purplebricks’ flat-fee for homesellers was recently raised from $3,200 to $3,600 USD. Sellers pay the fee upfront, regardless of whether or not their home successfully sells with the brokerage. Continue reading →

It’s a small world after all: Single-family home construction plunged and average lot shrunk in 2017

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Using data from the U.S. Census Bureau, the real estate database company found that home construction was down in each of the nine census divisions. Continue reading →

Rental platform Zumper raises $46M to build out its product, hire employees

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The Series C funding round will help the San Francisco startup with its in-progress online service for connecting renters to landlords Continue reading →

Armed with $1.2B, Bungalo launches into crowded iBuyer market

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A new, extremely well-funded online homeselling startup has entered the fray. It offers a platform that lets buyers search, tour, finance and close on a home and looks positioned to flip thousands of homes in the years ahead. Continue reading →

Home sales in California have fallen for 4 months straight

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Near record-high home prices are crushing demand in California, according to the latest home sales data from the California Association of Realtors (C.A.R.). The state dropped below the 400,000 sales benchmark in August, the first time in two years sal… Continue reading →