World News
U.S. Pending Home Sales Plunge 6.3 Percent in April
According to new data from the National Association of Realtors (NAR), pending home sales across the United States fell sharply in April 2025, dropping 6.3% from the previous month. The decline was felt across all four major U.S. regions, with the Western market experiencing the steepest losses.
Investor Condo Purchases in U.S. Fall to 10 Year Low in 2025
After years of volatile swings in real estate activity during and after the pandemic, U.S. property investors appear to be returning to more measured behavior. According to new data released by Redfin, investors purchased 46,726 homes in the first quarter of 2025--a modest 2% increase from a year ago--signaling a stabilization of investor activity in the residential market.
World Property Ventures Plans New Capital Raise
Michael Gerrity, Founder and CEO of World Property Ventures (WPV), announced this week the company is preparing to launch a new capital raise later this summer. The funding round aims to scale WPV's global protech development operations and accelerate the formal launch of its new real estate investment banking subsidiary, World Property Bank (WPB).
U.S. Single-Family Rents Climb for Third Straight Month
U.S. single-family rent prices rose for the third consecutive month in March, according to Cotality's latest Single-Family Rent Index (SFRI). Rents increased 2.9% year over year -- slightly higher than the 2.8% annual growth reported in March 2024 -- signaling a modest but steady acceleration in the rental market.
U.S. New Home Sales Unexpectedly Surge 11 Percent in April
According to newly released data from the U.S. Census Bureau and the Department of Housing and Urban Development, sales of newly built, single-family homes jumped 10.9% in April to a seasonally adjusted annual rate of 743,000 units. The figure represents a 3.3% increase compared to April 2024.
