The WPJ

World News


Greater Miami Area Residential Sales Cool in March

Residential real estate sales in Miami-Dade County declined in March, as total transactions fell 6.5% year-over-year, according to the Miami Association of Realtors. Sales dropped from 2,141 closings in March 2024 to 2,002 this year.


Hong Kong Property Investors Take a Wait-and-See Approach Due to U.S. Tariffs

The looming threat of President Trump's China tariffs in the first quarter of 2025, coupled with Hong Kong's strong economic ties to China, contributed to a decline in commercial rents and capital values across nearly all sectors of the city's property markets


NAR Reports Existing Home Sales Tumble in March, Hit 16-Year Low

According to the National Association of Realtors (NAR), U.S. existing-home sales fell in March 2025, with declines observed across all four major regions. Compared to March 2024, sales were down in the Midwest and South, up in the West, and unchanged in the Northeast.


U.S. New Home Sales Uptick in March

The National Association of Home Builders reports that a slight dip in mortgage rates and limited existing home inventory helped drive an increase in new home sales across the U.S. in March 2025, despite ongoing market uncertainty facing both builders and buyers.


Florida's California Moment: Skyrocketing Housing, HOA and Insurance Costs Take Center Stage in 2025

For decades, Florida has served as a haven from high-tax, high-cost states -- attracting retirees, snowbirds, hourly workers, and increasingly, younger professionals priced out of other housing markets.


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