Opalesque Real Estate Briefing » Americas

US housing groups to launch IPOs

Laxman — Tue, 14 May 2013 03:11:35 +0000

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Sign of another U.S. housing market bubble?

Laxman — Tue, 14 May 2013 03:11:00 +0000

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Cuba’s real estate market on the rise

Laxman — Fri, 10 May 2013 02:38:38 +0000

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Canada: Housing starts fall 3.5pct in April as market faces ‘new reality’

Laxman — Thu, 09 May 2013 02:48:05 +0000

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Fund targets Latin American housing

Laxman — Thu, 09 May 2013 02:46:43 +0000

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Buenos Aires lures foreign buyers with tumbling prices

Laxman — Fri, 03 May 2013 02:24:11 +0000

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Pending sales of existing homes in U.S. climbed 1.5pct in March

Laxman — Tue, 30 Apr 2013 02:24:06 +0000

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Housing rebound in U.S. hampered by success as costs soar

Laxman — Thu, 25 Apr 2013 02:06:02 +0000

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Inside America’s billionaire housing boom

Laxman — Tue, 23 Apr 2013 01:47:04 +0000

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What U.S. investors need to know about buying property in Canada

Laxman — Mon, 15 Apr 2013 01:01:01 +0000

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Investors widen U.S. rental search as home costs rise

Laxman — Fri, 05 Apr 2013 03:19:38 +0000

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Construction spending in U.S. rises on gain in home building

Laxman — Tue, 02 Apr 2013 01:26:19 +0000

Construction spending in the U.S. rose in February, paced by the highest level of home building in more than four years. Outlays climbed 1.2 percent to an $885.1 billion annual rate, following a 2.1 percent decrease in January, the Commerce Department reported today in Washington. The median forecast of 41 economists surveyed by Bloomberg called for a 1 percent rise. (more…)

Americans can move house again

Laxman — Tue, 02 Apr 2013 01:26:01 +0000

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Buy or rent? 10 major cities

Laxman — Tue, 02 Apr 2013 01:25:46 +0000

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Location crucial for the U.S. housing recovery

Laxman — Wed, 27 Mar 2013 01:46:33 +0000

By one measure, the U.S.housing market turned a significant corner early this year: Prices are on the rise everywhere. For the first time since the bottom fell out of residential real estate beginning in the summer of 2006, all the 20 major cities tracked by the closely watched S&P/Case Shiller Home Price Index rose on a year-over-year basis in January, data released on Tuesday showed. (more…)

Fewer Canadians plan to buy a home as housing market cools

Laxman — Wed, 27 Mar 2013 01:44:45 +0000

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Investors pile into housing, this time as landlords

Laxman — Tue, 26 Mar 2013 01:45:48 +0000

U.S. housing recoveries almost always have been ignited by rising demand from families and individuals looking for a place to live. This recovery is different. Investors—including some big Wall Street players—are leading the way, say industry executives and analysts. Their role is noteworthy given that flippers and speculators were blamed for helping to inflate the housing bubble of the past decade. (more…)

US housing starts rise, permits at 4 ½-year high

Laxman — Thu, 21 Mar 2013 02:54:53 +0000

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Cubans on the move as new real estate market grows

Laxman — Thu, 21 Mar 2013 02:53:33 +0000

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US: Fastest growing boomtowns

Laxman — Wed, 20 Mar 2013 01:26:19 +0000

Rising oil and gas prices have brought big oil, plenty of workers and lots of housing headaches to the nation’s fastest-growing boomtowns. Williston, N.D.: The small city of Williston, N.D., was once a sleepy farm town — until oil companies discovered ways to tap the vast Bakken formation believed to hold as many as 24 billion barrels of oil. (more…)

U.S. beats Europe and Asia as growing property investment target

Laxman — Wed, 13 Mar 2013 01:10:31 +0000

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US housing market: Following 15 years of boom-and-bust, is it getting back to normal?

Laxman — Tue, 05 Mar 2013 01:30:55 +0000

The U.S. housing market has been in stabilization mode for only the past year or so following an eight-year run-up to the peak of the housing bubble in 2006 followed by what most homeowners who bought in that period know: a bursting of a massive speculative bubble that sent the nation into recession and millions of homebuyers into foreclosure. (more…)

Canada’s housing affordability improves in fourth quarter: RBC

Laxman — Tue, 26 Feb 2013 03:36:45 +0000

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U.S. single-family home starts rise to four-year high

Laxman — Thu, 21 Feb 2013 00:04:14 +0000

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U.S. Industrial real estate market enjoying a resurgence in late 2012

Laxman — Thu, 21 Feb 2013 00:03:44 +0000

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U.S. housing recovery just beginning: Brookfield

Laxman — Wed, 20 Feb 2013 01:35:52 +0000

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Canadian housing market shows signs of stabilization

Laxman — Mon, 18 Feb 2013 00:29:46 +0000

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A tale of two housing markets: US and Canada

Laxman — Thu, 14 Feb 2013 03:01:36 +0000

Few barometers of economic activity say as much as housing data. They usually give ample warning of recessions. Housing sales and construction activity is typically as good at predicting recovery. The prescience of these data speak to the deep linkages the housing sector has to the broader economy. As such, when these data shift in a big way, it pays to pay attention. (more…)

Why Moody’s, Fitch are worried about Canada’s housing market

Laxman — Wed, 30 Jan 2013 01:08:12 +0000

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Housing markets: The return of the bubble?

Laxman — Tue, 29 Jan 2013 03:07:17 +0000

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U.S: A new housing boom? Don’t count on it

Laxman — Mon, 28 Jan 2013 02:55:25 +0000

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What Florida shows us about the real estate market

Laxman — Mon, 28 Jan 2013 02:54:27 +0000

Sick of the cold? Maybe you should buy a place in Florida, where temperatures are warm and the housing market is heating up. The cold snap gripping much of the country is surely prodding many to dream of owning a second home someplace warm, or of moving there for good. Data show that Florida’s housing market might be in a sweet spot. (more…)

U.S: As prices rise, rental home investors seek new markets

Laxman — Tue, 22 Jan 2013 00:30:56 +0000

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U.S. home sales probably rose, avowing rebound

Laxman — Mon, 21 Jan 2013 03:57:03 +0000

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Ladies and gentlemen, the U.S. housing market really is back

Laxman — Mon, 21 Jan 2013 03:56:48 +0000

December housing starts came in at a seasonally adjusted on a annual rate of 954,000, an increase of over 12 per cent from November and up nearly 37 per cent from December of last year, the U.S. Department of Commerce said today. The figure was far higher than the consensus forecast of 890,000 starts and the strongest reading since mid-2008. It also represents the largest monthly jump since May 2006. (more…)

U.S. housing market recovery just rescued 4 mln homeowners

Laxman — Thu, 17 Jan 2013 01:30:03 +0000

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Calgary best performing real estate market in Canada

Laxman — Wed, 16 Jan 2013 01:04:32 +0000

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Recovery in U.S. saving 8 mln underwater homeowners

Laxman — Wed, 16 Jan 2013 01:03:33 +0000

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CoreLogic: US home price index saw 7.5 pct annual gain in 2012; more gains seen for 2013

Laxman — Tue, 15 Jan 2013 01:28:12 +0000

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Argentine real estate activity sharply falls

Laxman — Tue, 15 Jan 2013 01:27:07 +0000

One thing Argentines will be looking to put far behind them as the New Year begins is last year’s real estate sector performance. According to a recent report, real estate activity in 2012 fell approximately 40%, making it one of the sector’s worst performing years in the country in a decade. For transactions related to properties already on the market, activity plummeted nearly 80%. (more…)

US: Stage set for rents to go higher

Laxman — Mon, 14 Jan 2013 01:34:28 +0000

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30pct of U.S. homeowners are mortgage-free, Zillow says

Laxman — Fri, 11 Jan 2013 03:41:25 +0000

Media coverage of the real estate market has focused so much on the mortgage woes of homeowners over the past five years, you might be excused for believing that only a small minority of homeowners actually, well, own their homes — mortgage-free. But you’d be mistaken, a report released by listing service Zillow suggests. (more…)

To Canadian funds, U.S. real estate looks ripe

Laxman — Wed, 09 Jan 2013 01:39:22 +0000

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US house prices ‘to rise five per cent this year’

Laxman — Fri, 04 Jan 2013 01:10:38 +0000

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Canada’s housing hangover: Real estate boom, meet dot-com crash

Laxman — Thu, 03 Jan 2013 00:30:41 +0000

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Canada: Why the housing market won’t crash in 2013

Laxman — Wed, 02 Jan 2013 01:07:05 +0000

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The top towns for sales of $10 mln homes

Laxman — Thu, 20 Dec 2012 03:09:16 +0000

A new report from Coldwell Banker shows that sales and listings of homes priced at $10 million or more have more than doubled in some communities in the past year. While the market for these mega-mansions remains tiny nationally, they are becoming downright common in a select few towns favored by the super-rich. (more…)

Turnaround continues for CMBS market in 2013, but fiscal cliff bears watching

Laxman — Thu, 20 Dec 2012 03:07:43 +0000

The commercial real estate market, and the U.S. CMBS market in particular, are likely to see steady improvement in the New Year, says Huxley Somerville, head of US CMBS at Fitch Ratings in New York. “A slow increase in volume is preferable; we would not like to see a 50% increase over 2012,” he says. “A 15% to 20% increase would be much better. Otherwise, competition would lead to the erosion of underwriting standards.” (more…)

Best and worst real estate markets in Canada

Laxman — Wed, 19 Dec 2012 01:42:47 +0000

The Canadian Real Estate Association released its latest home sales data on Monday, showing a nearly 12-per-cent year-on-year drop in the number of home sales in November. But what emerged is a picture of many, very different housing markets. Though the overall numbers were negative, two of every five local markets actually saw a pick-up in the number of sales. (more…)

Canadian housing will not go the way of the U.S.

Laxman — Wed, 19 Dec 2012 01:42:31 +0000

There’s a lot of chatter today on the Canadian real estate market — that Canada will soon go the way of the U.S. real estate market circa the 2000’s. Those who write such poppycock (been dying to use one of Conrad Black’s favourite words) have not taken the time to read a study or two of the underlying conditions in the Canadian market, compared to the U.S. in the lead up to the mortgage crisis. (more…)

U.S: Housing issues to watch in 2013

Laxman — Tue, 18 Dec 2012 01:40:45 +0000

Home prices finally hit a bottom in 2012, well ahead of many predictions that called for continued price drops this year. Prices were up 6% from one year ago in October, according to CoreLogic, putting them on track for their best year since 2005. Housing starts, which hit a bottom three years ago, ramped up to their highest level in four years. (more…)

Canada: Soft landing for housing (with ‘rather obvious exception of Vancouver’)

Laxman — Tue, 18 Dec 2012 01:39:09 +0000

Economists still see a soft landing for Canadian real estate as the market continues to cool. Sales plunged 11.9 per cent in November from a year earlier, slipping 1.7 per cent from October. Those numbers, released today by the Canadian Real Estate Association, prompted the group to cut its sales forecast for this year and next. (more…)

Spending probably rose in U.S., home sales climbed

Laxman — Mon, 17 Dec 2012 01:46:19 +0000

Consumer spending probably rose in November as Americans set aside the threat of higher taxes next year while shopping for the holidays. Household purchases increased 0.4 percent last month after declining 0.2 percent in October, according to the median estimate from 66 economists surveyed by Bloomberg before Dec. 21 figures from the Commerce Department. Other reports may show home sales and demand for long-lasting goods climbed. (more…)

U.S. housing climbs as Canada loses altitude

Laxman — Wed, 12 Dec 2012 01:01:12 +0000

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Canada’s housing market: A victim of demographics

Laxman — Tue, 11 Dec 2012 03:57:28 +0000

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U.S: Cities where home prices are still getting hammered

Laxman — Fri, 07 Dec 2012 03:31:58 +0000

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U.S: Most affordable housing markets in the Country

Laxman — Thu, 06 Dec 2012 03:40:15 +0000

Current rock-bottom mortgage interest rates make it a buyer’s market in most of the country, but there’s more good news for homebuyers: their money will also go further. Buyers can get a four-bedroom house in many parts of the U.S. and it won’t cost them more than $200,000, according to a new home prices survey by real estate firm Coldwell Banker. (more…)

10 most expensive cities to buy a home

Laxman — Mon, 03 Dec 2012 01:20:06 +0000

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U.S: Now, homes fuel economy

Laxman — Wed, 28 Nov 2012 01:36:57 +0000

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American property market continues meteoric recovery

Laxman — Fri, 23 Nov 2012 03:11:07 +0000

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