Rental Growth Greater than Home Value Growth



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According to the latest data from Zillow, residential rental values overtook home value growth to the year ending in April. Their figures show home value growth was at an annual rate of 3% while residential rental growth exceeded this figure at 4%. This data also shows that rents grew at their fastest pace in two […]

RealtyTrac Report Shows Foreclosures up in April



Depressed Senior Couple in Front of Foreclosure Real Estate Sign and House.

A recent report from RealtyTrac on foreclosure filings, scheduled auctions, defaults and bank repossession found  there were a total of 125,875 US properties in this position in April. This is a 3% increase on the previous month and is 9% higher than a year earlier. This increase was mainly due to the rise in bank […]

Canadian Property Sales Increase for Third Consecutive Month



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Figures from the Canadian Real State Association show home sales throughout Canada increased in April for the third consecutive month. Sales rose by 2.3% from March to April and sales activity was up 10% on levels year ago, although this figure is not seasonally adjusted. The Canadian Real Estate Association home price index increased by […]

Existing Home Sales Expected to Continue Rebounding This Year



Vector keys on a white background, the sale

According to an article in RisMedia, existing home sales are anticipated to finish strongly at the end of the year, reaching their highest pace since 2006. However there are concerns about rising mortgage rates and rising price growth which could slow down sales. Apparently existing home sales are higher than a year earlier and figures […]

Real Estate Prices in Sydney Nudge Closer to $1 Million



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Anyone thinking of purchasing a home in Sydney, Australia might need to budget for $1 million or more the end of 2015. According to an article in news.com.au, the median price for a detached home in the city increased by 3.6% during the first three months of this year to cost more than $914,000. Experts […]

Millennials Saving to Become Home Owners



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According to a report conducted by the Urban Land Institute, 70% of millennials who do not yet own their home fully expect to become home owners by 2020. Most anticipate using money they have saved as a down payment. The survey was carried out across 1270 people falling into the age category of 19 to […]

Homeowners are Wealthier but Ownership Rates are Falling



Senior man welcoming visitor to home

According to recent research from the National association of Realtors, an increase in home prices in many areas throughout the country has resulted in homeowners being able to build more housing wealth during the past few years. While this is good news, the article in Propertywire points out that there is a continued decline in […]

Housing Market Continues Its Gradual Recovery



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According to the National Association of Home Builders, markets in 68 out of approximately 360 metro areas throughout the country returned to or even exceeded their last normal levels of economic and housing activity during the first quarter of this year. The National Association of Home Builders/First American Leading Markets Index was recently released and […]

Real Estate Bidding Wars Pick up Pace



Put in your bid for your best offer on a home or other piece of real estate with this sign advertising an auction or transaction for a house

Nationwide, the number of homes subject to bidding wars is increasing as the spring buying season gets underway. Some 61% of offers written by Redfin agents faced competition from other buyers in March. This is up a massive 57% compared to February but is slightly lower than the 63% registered in March last year. However […]

Real Estate Prices Rise 5.9% Year on Year



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According to the CoreLogic® Home Price Index, which was recently released, prices nationwide which include distress sales increased by 5.9% year on year to March 2015. There have now been 37 months of consecutive year on year increases in national house prices. When these figures are looked at on a month on month basis, prices […]