Twitter applauds as Berlin votes to wrestle apartments from landlords

“All those in favor of expropriating every house that Zillow owns, say aye,” tweeted one American as Berlin’s vote to seize 240,000 apartments rippled across the globe. Continue reading

US home prices continued rapid climb in the second quarter: FHFA

The second quarter of 2021 marked the 40th consecutive quarter of home price increases, according to the Federal Housing Finance Agency. Continue reading

Canada’s Trudeau proposes ban on foreign homebuyers

The proposal comes about a month before Canada’s next election and as the country continues to deal with the fallout of the coronavirus pandemic. Continue reading

The best US cities for rental arbitrage in 2021

Rental arbitrage is when an individual rents a property long-term and then rents it out to someone else short-term. A new report found that less densely packed coastal destination markets are prime locations for arbitrage in 2021. Continue reading

Annual apartment rent growth, occupancy hit new highs in July

The new highs surpassed records set between 2000 and 2001. As of July, the average monthly apartment rent in the U.S. hit $1,549. Continue reading

Americans still want to relocate — even as pandemic fears dwindle

The number of Redfin.com users who searched for a property outside of where they currently live rose to 31.1 percent during the second quarter, up from 27.6 percent the year before. Continue reading

Transitioning into summer, high-end properties are seeing a cool down

As the official start to summer approaches, agents say the market is less chaotic than a few weeks ago, and more high-end luxury properties, in particular, seem to be available and lingering on the market longer. Continue reading

Percentage of all-cash home purchases in US soars to 30%

That figure represents the largest share of homes purchased in all-cash since 2014, according to a Redfin report. Continue reading

Phoenix sees biggest housing shortage, NYC biggest surplus

A new report shows that cities in the South and West don’t have enough housing, while expensive metros might have too much. Continue reading

After year of lower rent, landlords steer back to pre-pandemic prices

Rents nationwide have recovered fully from their pandemic-induced declines, according to a new report from Apartment List. Continue reading