ADVERTISEMENT

Real Estate

US Housing Starts Fall in Broad Pullback After December Surge

U.S. housing starts slowed in January as builders pulled back on single and multifamily home construction amid growing worries over mortgage rates.

Home sales dented by tariff worries in January as listings surge: CREA

The Canadian Real Estate Association says home sales in January were up 2.9 per cent compared with a year earlier, but noted that fell off at the end of the month.

Housing starts up three per cent in January, but trade risks add ‘significant uncertainty’: CMHC

Canada Mortgage and Housing Corp. says the annual pace of housing starts in January rose three per cent compared with December.

Blackstone’s BXMT Lends $189 Million for Outdoor Storage Lots

Blackstone Inc.’s mortgage real estate investment trust is lending $189 million for outdoor industrial storage lots owned by a division of Alterra Property Group.

Home builders warn of ‘brutal blow’ to housing sector from steel, aluminum tariffs

Some developers say looming U.S. tariffs on Canadian steel and aluminum could be detrimental to the housing sector due to higher costs of key construction materials.

Debt Derivatives Are So Tight Even Trump’s Tariff Talk Can’t Shift Them

Even US President Donald Trump’s tariff rhetoric can’t rattle credit markets, a sign to some money managers and strategists that the market is too complacent.

Cold start to 2025 for Ottawa’s real estate market, but average sale prices jump 5.8 per cent

The Ottawa Real Estate Board says 617 homes and condominiums sold in January, down 4.2 per cent from January 2024 and 13 per cent below the five-year average.

Charting the global economy: U.S. job growth cools, BOE cuts rates

U.S. employment growth moderated at the start of the year, partly a reflection of winter weather and Los Angeles-area wildfires, after two months of solid hiring.

Montreal home sales jump 36 per cent in January as rate cuts entice buyers

The Quebec Professional Association of Real Estate Brokers says Montreal-area home sales rose 36 per cent year-over-year in January.

Canadian home sales and prices expected to rebound this year, though trade war clouds outlook

Canada Mortgage and Housing Corp. is forecasting a rebound in sales and prices this year as homebuyers take advantage of improved borrowing conditions.

Massachusetts Needs 222,000 Housing Units by 2035 to Ease Crisis

Massachusetts needs to build at least 222,000 more housing units over the next decade to address a housing affordability crisis and help stem a loss of workers.

National rent prices hit 18-month low in January: report

Average asking rents across Canada hit an 18-month low in January, declining 4.4 per cent on an annual basis to $2,100.

Toronto home sales expected to rise 12% this year, but board says January saw drop

The Toronto Regional Real Estate Board says it is forecasting a 12.4 per cent increase in home sales for 2025, with 76,000 properties changing hands throughout the region as lower borrowing costs lead to improved affordability.

Trump Tariffs Risk $29,000 Rise in US Home Building Costs

President Donald Trump’s tariff plans threaten to raise U.S. home construction costs, making it even more difficult for Americans already facing a tight housing market.

Fed Ends Two Wells Fargo Orders Tied to Mortgage Practices

The Federal Reserve terminated two mortgage-related enforcement actions against Wells Fargo & Co. from more than a decade ago, the central bank said Tuesday.