Tag Archives: Markets & Economy

RE/MAX revenue jumps in Q1 thanks to rising home prices

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The company turned a profit during the first quarter of the year, though its agent count only ticked upward modestly, according to earnings released Thursday. Continue reading →

Here’s why 73% of Americans hate their neighbors

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When looking for a new abode, homebuyers and renters often prize affordability, a convenient location, enough space for living and working, and plenty of entertainment options and amenities. But there’s one specific factor that may contribute to your h… Continue reading →

The US economy’s run stalls, but real estate forges ahead

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The nation’s gross domestic product shrank in the first three months of 2022, overshadowing a strong period for residential investment. Continue reading →

Rocket and Wells Fargo eye buyouts and layoffs in face of rising rates

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Rocket Mortgage and Amrock, Rocket’s title and settlement company, are offering buyouts to 8 percent of its workforce while Wells Fargo confirmed with Inman that it laid off employees last week. Continue reading →

Pending home sales keep falling as market conditions ‘normalize’: NAR

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Pending home sales dipped for the fifth-straight month in March, with the Pending Home Sales Index dropping 1.2 percent from February to 103.7, according to the National Association of Realtors. Continue reading →

For the dogs: The 20 most pet-friendly cities in America, ranked

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Seventy-two percent of dog owners would consider moving to a home that is better suited for the needs of their pet, according to new data from Zillow and Rover released on Tuesday. Continue reading →

How Twitter fought Elon Musk with a real estate investment strategy

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The social network briefly turned to a poison pill to fight off the world’s richest man. And as it turns out, poison pills have a long history in the real estate industry. Continue reading →

Home prices soared 20% annually in February. Analysts say we’ve peaked

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Home prices in February grew at the third-fastest annual pace in 35 years. Since then, experts have observed early signs of a cooling market. Continue reading →

The average Canadian home now costs double what it does in the US

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Between 2020 and 2022 Canadian home prices have surged 30 percent — an increase described as “nothing short of stunning” by economist Robert Hogue in a report for the Royal Bank of Canada. Continue reading →