Residential Real Estate News
Top Residential Real Estate News
Home Buyers Negotiation Power Grows Amid Cooling U.S. Market
U.S. homebuyers are finding more leverage in negotiations nationwide as competition eased in October 2024. The company's market heat index shows that conditions are gradually shifting toward a buyer's market as activity slows heading into winter.
Canadian Home Sales Surge in October, Reaching a Two-Year High
Based on new data from the Canadian Real Estate Association (CREA) shows a 7.7% month-over-month increase in home sales activity through Canadian MLS Systems in October 2024, marking the highest level since April 2022.
Greater Orlando Area Home Sales Continue to Slide in October
According to new data from the Orlando Regional Realtor Association (ORRA), listings inventory for October 2024 totaled 11,357, marking a 1.8% decline from September's 11,560 listings.
U.S. Mortgage Credit Availability Increased in October
According to the Mortgage Credit Availability Index (MCAI) report by the Mortgage Bankers Association, which analyzes data from ICE Mortgage Technology, U.S. mortgage credit availability increased in October 2024.
