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The Calgary Real Estate Board says the city's November home sales dipped by more than 20 per cent since the same time last year, but 2022 is still on track to set a record.
Lawyers defending two Trump Organization business units accused of tax fraud blamed former chief financial officer Allen Weisselberg for the long-running scheme, arguing that prosecutors failed to prove he intended to benefit the companies.
Wells Fargo & Co. cut hundreds more mortgage employees Thursday, the latest in a series of reductions across the industry after higher interest rates brought the pandemic-era home-lending boom to halt.
Blackstone Inc.’s $69 billion real estate fund for wealthy individuals said it will limit redemption requests, one of the most dramatic signs of a pullback at a top profit driver for the firm and a chilling indicator for the property industry.
Mortgage rates in the US fell for a third straight week, hitting the lowest level in more than two months and offering a measure of relief to would-be homebuyers.
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