Multifamily lending ballooned 32% from early 2020, powered by low interest rates and soaring rents. Now there’s a price to pay. By Wolf Richter for WOLF STREET. The multifamily segment of Commercial Real Estate doesn’t face the structural […]
Toronto single-family houses -20% from peak, condos drop to 2-year low. Vancouver -8% from peak, Hamilton -25%, Victoria -14%. But Calgary set new high. By Wolf Richter for WOLF STREET. House prices in Canada overall fell 1.2% seasonally […]
The bill, if approved, would also require the state to conduct a study on indoor air quality and potential health impacts from natural gas-powered appliances. (The Center Square) — Maine lawmakers are considering a Democratic […]
Extend and pretend kicks into high gear. For example, the $975 million mortgage on a San Francisco office tower. By Wolf Richter for WOLF STREET. The portion of the $4.7 trillion in US commercial real estate debt that […]
By Wolf Richter for WOLF STREET. Mortgage balances outstanding ticked up by 0.9% in Q4 from Q3, to a record of $12.3 trillion. Year-over-year, the increase was only 2.8%, according to data from the New York Fed’s Household […]
And a look back at the head-fakes core services inflation dished up last time with this type of inflation. By Wolf Richter for WOLF STREET. So right up front – and the Fed has been talking about this, […]
With uncanny precision? By Wolf Richter for WOLF STREET. The deal came up during D.R. Horton’s earnings call with analysts, without the two companies being named. The analyst posing the question referred to it as “a large acquisition […]
The plunge in mortgage rates in Nov and Dec blew up the hedge for the rate buydowns: surprise cost on top of the regular costs of buydowns. By Wolf Richter for WOLF STREET. Homebuilder stocks tanked on Tuesday […]
In 19 months, prices in San Francisco dropped nearly as much as in the first 19 months of Housing Bust 1. Overall Bay Area is well behind. We’re keeping score. By Wolf Richter for WOLF STREET. The median […]
Housing market is frozen, people have gone on buyers’ strike, sellers are hoping that this too shall pass. By Wolf Richter for WOLF STREET. The median price of existing single-family houses, condos, and co-ops in the US whose sales […]
Copyright © 2025 | Sandstone Group