This end of the year brought the highest fixed mortgage rate in decades — and, with it, a tough question to answer: How much can we afford to spend on a home anymore? For those playing the waiting game and hoping for a better housing market on the horizon, a daunting realization has set in: Last year’s income would have bought more for less. As prices stray further from what qualifies as someone’s “within budget”,…
After reaching a peak of nearly $930k in May, the average home price in Ontario dropped to $855,990 in October, nearly equal to the same month in 2022 and very…
The American housing market is not for the faint-hearted. The unexpected rollercoaster that was the pandemic was followed by another period of heart-stopping inflation, rising mortgage rates, uncontrollable price increases…
Much like the traditional market, the U.S. luxury sector is cooling down and still recovering from record-low inventory. Yet, even amid a downward trend in median sale prices, price tags in the country’s most exclusive zip codes look like an extra zero got added by mistake. And if you thought properties on the affordable side sell fast, competition in the ultra-luxury markets is in a league of its own. Point2’s sister division, PropertyShark, just released…
Our 2023 City Readiness Index for Gen Z, which analyzed 35 metrics across four categories, shows that smaller cities have what it takes to help young adults thrive: Smaller cities…
The housing market this past year has taught home seekers a thing or two about deep fears. And with Halloween — a celebration of haunted houses and all things unsettling…
At the beginning of 2022, residential construction was humming along as demand was still fueled by the pandemic buying frenzy. But, that’s changing: During the first six months of 2023, both permits and started units recorded significant year-over-year drops. Residential construction data for the first half of the year shows that homebuyers are going through one of the most difficult times — but their plight might get even worse. While mortgage rates make home seekers…
When we fantasize about our dream homes, most of us picture tall, spacious bedrooms, amenity-rich kitchens and a sprawling back yard to die for. But in real estate, there’s luxury…
This early autumn might show signs of the residential market cooling down, but there is no rest for the wickedly priced top-class homes across the United States. Some descriptions of…


