Manhattan median condo price falls below $1M for first time in years

It’s the first time the median numbers in Manhattan have fallen below $1 million in three years, according to Douglas Elliman’s fourth-quarter market report for Manhattan. The median condo or co-op sold for $999,000, 10.6 percent lower than last quarte… Continue reading

Pending home sales drop to lowest level since 2014

The National Association of Realtors’ Pending Homes Sales Index fell 7.7 percent year-over-year in November, marking the 11th straight month of annual decreases. Continue reading

Home price growth slows, but 2019 will still challenge buyers

While still not likely to relieve buyers, the 5.5 percent annual growth was the same as in September, and down from 5.7 percent in August. Continue reading

Housing starts and permits come in ahead of expectations

Housing permits, new housing starts and completions are all trending upward from last month, but housing starts and completions are still at a lower rate than a year ago, according to the latest data from the U.S. Census Bureau. Continue reading

What’s the most dangerous thing about Purplebricks? Its risk tolerance

Purplebricks’ core U.K. market continues to grow and is meaningfully profitable, proving that the model works. Key performance indicators in its other three markets reveal a deeper story of investment, growth and challenges. Continue reading

Builder confidence hits lowest level in more than 3 years

Builder confidence amid affordability concerns dropped to its lowest level since the spring of 2015, according to the Wells Fargo Housing Market Index. Continue reading

CoreLogic acquires digital photo and home tour startup

CoreLogic has acquired HomeVisit, a real estate marketing and photography company, the data analytics firm announced Monday. Continue reading