Current Market Data

Smoking Damages a Property’s Value by 29 Percent

A new study by Pfizer Canada has uncovered the true cost of smoking – its monetary damages to your real estate listings! Anti-smoking campaigns typically focus on the negative health effects of tobacco, but a new study by Pfizer

Economic Growth Stronger Than Expected for First-Quarter

The Economic Growth  Pace is Above-Trend and Expected to Set a Moderate Pace for the Year Economic growth has accelerated to a pace of 3.2 percent, according to Fannie Mae’s Economic & Strategic Research Group. This pace is above-trend, but

Economic Growth Stronger Than Expected for First-Quarter

The economic growth pace is above-trend and expected to set a moderate pace for the year Economic growth has accelerated to a pace of 3.2 percent, according to Fannie Mae’s Economic & Strategic Research Group. This pace is above-trend,

April Mortgage Activity At Highest Level Since 2010

The mortgage markets have been on a bumpy ride the last five years; are the latest numbers from the Mortgage Bankers Association, though, a positive sign? Mortgage applications rose 4.8 percent last week to their highest level since May

What Do Owners & Renters Most Regret About their Living Arrangements?

Inevitably, there will be some aspect of one’s living arrangements to regret, but how do the regrets of owners and renters compare? It’s the most unfortunate of situations – a consumer spends the time researching a home purchase or

45 Percent of Homebuyers Choose Lender on Agent Recommendation

The agent/lender relationship is a darned important one, and a new survey highlights just how influential agents are in the creation of that relationship. The relationship between agent and lender is one of the more integral in real estate,

Housing Starts Up 46.7 Percent in March

The construction industry put up some truly stratospheric numbers in March, with multifamily housing pushing starts to their highest level since 2008. Propelled by a surging multifamily housing sector, the construction industry put up its best housing numbers in

Will Rising Interest Rates Threaten Housing Affordability?

Homebuyers have been enjoying some of the highest levels of housing affordability in decades, but will rising interest rates compromise that? The housing downturn has affected quite a few players in the real estate scene, what with its falling

Is Builder Confidence Faltering?

Why is builder confidence in the Housing Market Index faltering, despite prime market conditions for new construction? A new NAHB report explains. Housing inventory is the lowest it’s been since 2005, yet the demand for quality homes (preferably new

Millennial Interest in Homeownership Surges

Millennials are widely expected to spearhead the housing recovery, and a new survey from PulteGroup has highlighted some of the demographic’s key attitudes towards housing. We’ve written quite a bit about millennials the last few months, and for good

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