The WPJ

Top Residential Real Estate News

World Property Markets, World Property Media to Commence Industry Joint-Venture Funding Rounds in 2025

Michael Gerrity, founder of Miami-based real estate technology developer World Property Ventures, announced this week two of its wholly owned subsidiary companies, World Property Markets and World Property Media, are each set to launch significant joint-venture funding rounds in early 2025 in partnership with the global property industry itself.

New Home Sales Hit 2 Year Low in America

The National Association of Home Builders (NAHB) reports that rising mortgage rates and persistent affordability challenges kept many potential homebuyers on the sidelines in October 2024.

U.S. Pending Home Sales Increase for Third Consecutive Month in October

All four major U.S. regions experienced month-over-month gains in transactions, with the Northeast leading the way. Year-over-year, contract signings increased in all four U.S. regions, led by the West.

Pandemic-led Residential Rent Boom is Now Fizzling in the U.S.

CoreLogic's latest Single-Family Rent Index Report (SFRI) examines changes in single-family rental prices both nationally and across major metropolitan areas. The report reveals a slowdown in rent growth across key U.S. metro areas that experienced population surges during the pandemic.

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