North America Residential Real Estate News
North America Residential
World Property Ventures Builds the Future of Real Estate with New Funding Round
Michael Gerrity, founder and CEO of World Property Ventures, believes the global property industry is poised for a major transformation. In the coming decade, rapid advancements in artificial intelligence, the explosion of market data and signals, automation, industry consolidation and tokenization will disrupt the market in ways that few are prepared for.
U.S. Builder Sentiment Declines Amid Economic Uncertainty and Rising Costs
Economic uncertainty, potential tariffs, and high construction costs contributed to a decline in U.S. builder sentiment in March 2025, despite optimism that regulatory changes could improve business conditions.
Black Homeownership Rates in U.S. Enjoy Largest Annual Increase of All Racial Groups
The National Association of Realtors' 2025 Snapshot of Race and Home Buying in America reports that Black homeownership in the U.S. saw the highest year-over-year increase among racial groups in 2023.
Wealthy Renters Are Taking Over More of the U.S. Rental Market
New data from Redfin shows that nearly three-quarters of the most populous U.S. metro areas (35 out of 50) have seen an increase in wealthy renters, with Raleigh, NC, and Orlando, FL, leading the trend.
North America Residential Property News
Average Americans Spend 38 Percent of Monthly Income on Mortgage Payments
Posted on February 21, 2025
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