Earnings call transcript: Elastic tops Q1 2026 estimates, shares jump 20%

LJ Hooker head of research Mathew Tiller said agents will have to continue educating their clients, as a drop in prices was not unusual for the property market and was part of its cyclical nature. “They are a normal part of the adjustment process and have occurred many times before,” Tiller said. You’re out of…

Farmland values continue to rise, with agricultural real estate values surging nearly 6% in one state last year, according to a new report from the U.S. Department of Agriculture. Across the country, median farmland prices hit $6,020 per acre this year, a 3.4% increase from 2025, according to the July 2026 Land Values report. Every…

One of the three major credit bureaus has added alternative data to its mortgage credit reports, saying it will help reduce risk sooner in the mortgage decisioning process. TransUnion described TruVision Alternative Credit Attributes 2.0 data as an enhancement that gives lenders “earlier insight into borrower stability and intent” during the prequalification stage. The ACA…

New York City’s Department of Buildings (DOB) has halted construction work at the third office-to-conversion project in Manhattan this month. The DOB issued a partial stop-work order at SL Green Realty’s $805 million conversion project at 750 Third Avenue in Midtown East, which is set to result in 680 residential units and potentially see 11…

Amazon’s decision this week to scale back parts of its homegrown artificial intelligence portfolio has been taken by the marketplace as a retreat from the frontier-model competition. That’s only partly true. Amazon appears to be abandoning the most expensive and least defensible layer of the AI stack in order to strengthen the businesses where it…

The equity available to support those discussions is substantial, but Martin cautioned that the figure alone doesn’t determine the right course of action. “The right way to use that equity depends on the client’s goals, time horizon, cashflow needs, and desire to remain in their home – which is key.” MortgageFest Canada is just weeks…