Zillow expects housing market chill to continue through winter

People don’t tend to listen much to a prime minister with only a few weeks left in office.  But when Keir Starmer stood up last week and spoke at a BAE Systems site in Maidenhead, 30 miles west of London, the real estate sector pricked up its ears.  Starmer announced a £15B increase in defence…

The national housing agency says the seasonally adjusted rate of housing starts came in at 238,971 units in June compared with 253,083 in May. The six-month moving average of the seasonally adjusted annual rate was 248,123 units for June, down 2.8% from May. The results came as CMHC says the number of units under construction…

Teresa Radzinski. Credit: Citi. Citi Private Bank has named Teresa Radzinski as a private banker in Jacksonville, Florida, adding another senior hire to its wealth business.  Radzinski will work with individuals and family offices with balance sheets above $500m.   Access deeper industry intelligence Experience unmatched clarity with a single platform that combines unique data, AI,…

The first legal challenge to New York City’s rent freeze is about far more than this year’s Rent Guidelines Board vote. Six landlords filed an Article 78 petition in New York Supreme Court seeking to overturn the Rent Guidelines Board’s June decision to freeze rents for the city’s roughly 1 million stabilized apartments. The petition…