North America Residential
Real Estate News

U.S. Mortgage Rates at 2015 High Heading Into Holiday Weekend

U.S. Mortgage Rates at 2015 High Heading Into Holiday Weekend

According to Freddie Mac latest Primary Mortgage Market Survey (PMMS), the average fixed mortgage rate reached a new 2015 high heading into the holiday weekend and ahead of the June jobs report. Read More »


Luxury Home Sales Uptick in Barbados

Luxury Home Sales Uptick in Barbados

Royal Westmoreland in Barbados has reported the best sales period in more than ten years, with $60 million of its villa sales coming largely from Brits. The sales upturn shows that the appetite for overseas property is returning. Read More »

Miami's Luxury Market Enjoying Higher Median Sale Prices in 2015

Miami's Luxury Market Enjoying Higher Median Sale Prices in 2015

According to the Miami Association of Realtors, Miami's luxury properties saw a significant year-over-year rise in median sales prices in the first quarter of 2015. Read More »

Mortgage Application Volumes Drop in U.S.

Mortgage Application Volumes Drop in U.S.

According to the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending June 26, mortgage applications decreased 4.7 percent from one week earlier. Read More »


Global Property Spotlight

Cap Maison Resort - (St. Lucia, West Indies)

Cap Maison Resort - (St. Lucia, West Indies)

On the Caribbean island of St.Lucia, known worldwide for its natural beauty, Cap Maison is in a truly breathtaking location in one of St.Lucia's most desirable areas. Read More »

Last Updated July 3, 2015 9:26 AM ET

North America Residential News

According to the latest S&P/Case-Shiller Home Price Index, U.S. home prices continued their rise in April across the country over the last 12 months, but the upward pace of price appreciation slowed.

Pending U.S. home sales continued to rise in May 2015, and are now at their highest level in over nine years. Gains in the Northeast and West were offset by small decreases in the Midwest and South.

According to the Miami Association of Realtors, median sales prices for Miami single-family homes and condominiums each registered double-digit growth while total residential sales increased in May 2015.

Sales of newly built, single-family homes rose 2.2 percent to a seasonally adjusted annual rate of 546,000 units in May 2015. This is the highest new-home sales rate since February 2008.

Based on Freddie Mac's latest Primary Mortgage Market Survey (PMMS), shows the average fixed mortgage rate in the U.S. had little changed from the previous week amid reports of the U.S. housing market strengthening.

Realtor.com revealed this week that millennials have become more positive when it comes to taking the plunge into home ownership and are primed to gain market share in the second half of the year

According to the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending June 19, 2015, mortgage applications increased 1.6 percent from one week earlier.

According to a new report by Wealth-X and the Sotheby's International Realty released this week, ultra wealthy individuals are buying up luxury homes around the world to further diversify their holdings.

Auction.com is projecting that existing U.S. home sales for the month of June 2015 will run between seasonally adjusted annual rates of 5.4 and 5.74 million annual sales

According to Homes.com's April 2015 Local Market Index report, among the nation's top 300 markets, 137 markets (46 percent) have now achieved full pricing recovery in April, compared to 130 markets (43 percent) in March's report.

with the California housing market continuing its upward trend, pending home sales registered their sixth straight annual gain, with the last four months being in the double-digits.

The Mortgage Bankers Association is still bullish about the U.S. economy for the balance of 2015.

According to the National Association of Realtors, all major regions experienced sales increases in May 2015.

While total unit sales from international home buyers decreased from last year, total sales dollar volume increased 13 percent.

Based on Freddie Mac's latest Primary Mortgage Market Survey (PMMS), The average fixed mortgage rate in the U.S. moved lower from the previous week's new highs for 2015 while housing data was generally positive.

Property foreclosure filings -- default notices, scheduled auctions and bank repossessions -- were reported on 126,868 U.S. properties in May 2015

254,000 U.S. properties regained equity in the first quarter of 2015, bringing the total number of mortgaged residential properties with equity at the end of Q1 2015.

Nationwide U.S. housing starts dropped 11.1 percent to a seasonally adjusted annual rate of 1.036 million units in May from an upwardly revised April reading


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