Newly built homes see prices near peak, even as sales plummet

Newly built homes see prices near peak, even as sales plummet

The head of the Toronto region homebuilders’ association is warning the re-elected provincial government must keep its commitment to increasing housing supply, even though sales of new construction homes continued to slump in May. Home prices, however, rose across the board, particularly single-family houses, which climbed 31 per cent year-over-year to a benchmark $1.84 million

Mansion Global Daily: U.S. Home Sales Expected to Drop This Year, New Golden Visa Option Motivates Investment in Dubai, and More

Mansion Global Daily: U.S. Home Sales Expected to Drop This Year, New Golden Visa Option Motivates Investment in Dubai, and More

Existing Home Sales in U.S. Expected to Fall by 6.7% in 2022 Fewer deals could give inventory time to recover over the summer. Read More BY THE NUMBERS TRENDING TODAY LISTING OF THE DAY ‘Mega-Unit’ in Toronto Ritz-Carlton Comes With Sweeping Views and Two Elevators The apartment, which is undergoing a gut renovation, will have

Redfin lays off 8% of workers, forecasts years of fewer home sales amid rate hikes

Redfin lays off 8% of workers, forecasts years of fewer home sales amid rate hikes

Check out what’s clicking on FoxBusiness.com. Real estate company Redfin laid off 8% of its employees and predicted years of lethargic home buying Tuesday. Redfin CEO Glenn Kelman announced the firings in a public post to the company’s website on Tuesday, saying real estate demand in May fell nearly 20% short of expectations. “To all

Local Realtor Finds New Niche In New Build Sales

Local Realtor Finds New Niche In New Build Sales

By BOBBIE GREEN The Progress Linda Darling Mesquite real estate agent Linda Darling has recently begun working with construction company Richmond American Homes out of Las Vegas. She is helping to connect home buyers to the new-construction homes being built on the three properties which Richmond Builders is developing in Mesquite. “I was working as

New home sales in Pulte’s Ardena are now underway in highly sought-after Naples location

New home sales in Pulte’s Ardena are now underway in highly sought-after Naples location

Homebuyers seeking new homes for sale in North Naples can now get the first glimpse of Ardena’s stunning new luxury estate homes. Two exquisite new model homes are now open for viewing, and showcase the array of exclusive, floor plan options available in Pulte Homes’ highly-anticipated Ardena – a new 40-acre community of luxury single-family

20 best Labor Day 2021 furniture sales you won’t want to miss

20 best Labor Day 2021 furniture sales you won’t want to miss

Although we’re still a couple days away from Labor Day, there are already plenty of impressive deals to be had. Major retailers like Walmart and Macy’s have launchedLabor Day sales featuring big discounts on everything from fall fashion essentials to bigger ticket items like appliances and mattresses. And if you’re hoping to make some upgrades

Labor Day furniture sales: Top deals from Wayfair, Overstock and Bed Bath & Beyond

Labor Day furniture sales: Top deals from Wayfair, Overstock and Bed Bath & Beyond

CNN —   Labor Day is almost here, and that means great opportunities to save on all types of furniture to restyle your home. With summer coming to a close and retailers shifting their seasonal inventory, the holiday weekend is a particularly great chance to score deals on outdoor and patio items. Retailers are slashing

July Home Sales up 1% as Prices Reach Unprecedented Levels | Business News

July Home Sales up 1% as Prices Reach Unprecedented Levels | Business News

By MARTIN CRUTSINGER, AP Economics Writer WASHINGTON (AP) — Sales of new homes rose a modest 1% in July after a string of declines as new home prices soar to record levels. Sales last month reached a seasonally adjusted annual rate of 708,000, the Commerce Department reported Tuesday. Sales had fallen in April, May and