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U.S. Home Sales Jump 9.4 Percent in September, Hit 6.5 Million Annual Rate

U.S. Home Sales Jump 9.4 Percent in September, Hit 6.5 Million Annual Rate

Each of the four major regions witnessed month-over-month and year-over-year growth, with the Northeast seeing the highest climb in both categories. Read More »


New York Continues to Lose Hundreds of Millions in Tax Revenue from Historic Decline in Real Estate Sales

New York Continues to Lose Hundreds of Millions in Tax Revenue from Historic Decline in Real Estate Sales

Property broker confidence hit a new record low for the third straight quarter in 2020, highlighting deep concerns about recovery efforts. Read More »

New Home Construction in U.S. Spike 11 Percent Annually in September

New Home Construction in U.S. Spike 11 Percent Annually in September

Single-family starts showed continued growth in September as overall housing production increased 1.9 percent to a seasonally adjusted annual rate of 1.42 million units. Read More »

Going Green: Is It More Expensive Than You Think? Quotezone.co.uk Explores The True Cost Of Energy Saving Home Improvements

Quotezone.com offers homeowners the chance to find out about the hidden costs of energy-saving tech. Read More »


Luxury Property Spotlight

Brand New Residences Bring Modern Luxury Living to Paradise Island Bahamas

Brand New Residences Bring Modern Luxury Living to Paradise Island Bahamas

In the heart of breathtaking Paradise Island adjacent to Nassau, Bahamas, a very rare residential opportunity will soon be available. Opportunities like this are extremely limited on this 685 acre island paradise. Read More »


Last Updated October 22, 2020 11:15 AM ET

Asia Pacific Real Estate News

While wealthy retirees moving to Florida and North Carolina contributing to increased Republicans in those swing states

According to the Mortgage Bankers Association's latest Weekly Mortgage Applications Survey for the week ending October 16, 2020, U.S. Mortgage applications decreased 0.6 percent from one week earlier.

According to CoreLogic's latest Single-Family Rent Index for August, national rent increased 2.1% year over year, down from a 2.9% year-over-year increase in August 2019.

The National Association of Home Builders Q3, 2020 Remodeling Market Index posted a reading of 82. This is a signal of residential remodelers' strong confidence in their markets, and for projects of all sizes.

According to property site Daft.ie, the average listed price of housing in Ireland rose by 4.8% between June and September 2020.

According to Redfin, the median sale price of U.S. homes in zip codes with a low wildfire risk has increased 101% since 2012, compared with an 88% increase for homes in high-wildfire-risk zip codes.

Over 6 million households did not make their rent or mortgage payments and 26 million individuals missed their student loan payment in September 2020.

According to CBRE, the pandemic has accelerated momentum in the U.S. life sciences industry, particularly amid the race to produce a COVID-19 vaccine and develop other medicines for human ailments.

50 percent of the business respondents say that it will be at least until June 2021 when more than 50 percent of workers return onsite. Seventeen percent say that it will be later than June 2021.

The top countries of origin for high-end international home buyers coming into the UK property market -- during the 2020 Coronavirus outbreak -- include the UAE, United States and Australia.

Impacts from the coronavirus pandemic have rippled out to traditional U.S. vacation destinations, which are seeing increased interest from homebuyers.

61% of buyers are looking for discounts from pre-pandemic prices and only 9% of sellers willing to offer such discounts.

Insured storm surge losses are estimated to be $0.2 billion to $0.3 billion. Damage to offshore structures from $0.8 billion to $1.5 billion.

About 18% of the U.S. population identifies as Latin, yet they have accounted for more than 60% of new U.S. homeowner gains over the past decade.

The company plans to hire additional local sales staff in the coming year.

Based on new research by Zillow, U.S. home price momentum continued into early October 2020, with annual median list price growth reaching double digits.

According to the Miami Association of Realtors, Broward County Florida total home sales surged in August 2020. Broward County total home sales jumped 6.7% year-over-year, from 2,895 to 3,089.

An estimated 293,685 homes across Louisiana and the U.S. Gulf Coast are at potential risk of storm surge damage from Hurricane Delta based on its projected.

Based on new data from the Mortgage Bankers Association, U.S. mortgage credit availability decreased in September 2020. Mortgage credit supply decreased in September to its lowest level since February 2014.

The only four western counties among the top 50 were in northern California and Hawaii.

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