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The annual pace of new home construction surged last month amid a historic shortage of housing inventory and falling mortgage rates. Housing starts jumped by 14.8% in November compared to the ...
In 2012, the company opened an office in New York City, its first in the United States. [1] [6] [2] In March 2018, the company launched a platform to sign sales contracts and pay deposits for new home purchases online. [7] [8] In April 2021, the company was acquired by Zonda Home, [9] [10] [11] was rebranded as Livabl, and launched in April ...
From 2003 to 2018, Canada saw an increase in home and property prices of up to 337% in some cities. [2] In 2016, the OECD warned that Canada's financial stability was at risk due to elevated housing prices, investment and household debt. [3] By 2018, home-owning costs were above 1990 levels when Canada saw its last housing bubble burst. [4]
Economists polled by Bloomberg were off by 45,000 and 47,000 units when it came to their home sales estimates for March and April as first-time buyers poured into the new-home market.
Sales of new single-family homes came in at a seasonally adjusted annual pace of 617,000 in June, according to government data released Wednesday, marking a seven-month low. This represented a 7.4 ...
Data from the Census Bureau showed new construction for both single and multi-family units climbed 21.7% to a seasonally adjusted annual rate of 1.631 million units in May. That’s a 5.7% gain ...