The top 20 real estate enterprises accounted for 54.9 percent of existing home sales volume in 2020, revealing just how much production is concentrating among the nation's biggest and most powerful real estate organizations.
According to the Mortgage Bankers Association's latest Weekly Mortgage Applications Survey for the week ending April 2, 2021, U.S. mortgage applications decreased 5.1 percent from one week earlier.
International property consultant Knight Frank is reporting that urban house prices globally increased by 5.6% on average in 2020, up from 3.2% in 2019.
New data from the latest National Association of Home Builders / Wells Fargo Housing Market Index this week reveals first-time homebuyers account for almost half (43 percent) of the new home market in 2021, up from 32 percent in 2018.
Global real estate consultant CBRE is reporting this week continued rollout of COVID-19 vaccinations and additional stimulus funds in the U.S. have strengthened the foundation for the recovery of the U.S. lodging industry.
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