Real estate news

• The week in real estate industry deals: Oct. 31-Nov. 4 - Inman.com

  05-11-2016 15:09
  
  The week in real estate industry deals: Oct. 31-Nov. 4
  Inman.com
  While real estate agents chase leads and close deals on houses, there's another level of deal-making that takes place within the real estate industry: mergers, acquisitions, integrations and partnerships. We'll be recapping every week's noteworthy ...and more »
  
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• Limited Supply Spurs Higher Prices in Third Quarter

  05-11-2016 05:04
  
  Persistent supply shortages throughout the country led to slightly faster home price appreciation during the third quarter, according to the latest quarterly report by the National Association of REALTORS®. The report also revealed that seven of the 10 most expensive housing markets in the U.S. are in the West, including San Jose, Calif., which had a median single-family home price of $1 million for the second straight quarter.
  The median existing single-family home price increased
  
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• While Sales Cool, Manhattan Rents Rise

  05-11-2016 05:01
  
  The real estate market in Manhattan and Brooklyn continues to cool, according to the Q3 2016 StreetEasy® Market Reports. Manhattan rents, however, are now rising faster than Manhattan sale prices. Median rent rose 3 percent over the past year, while median resale price increased by 1.1 percent, which marks the slowest pace of growth since Q4 2010.
  Resale prices rose the most in the Upper Manhattan (3.6 percent) and Midtown (2.2 percent) submarkets. The
  
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• Commercial Sectors to Eke Out Modest Growth

  05-11-2016 00:00
  Rental rates for multifamily and industrial units will see small to medium increases through 2018, says NAR Chief Economist Lawrence Yun.
  
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