The post Housing Market Update: Sale Prices Flatten, Demand For Mortgages Falls As Rates Climb appeared first on Weekly Real Estate News.
Housing Market Update: Sale Prices Flatten, Demand For Mortgages Falls As Rates Climb
Weely Real Estate News
Another real estate tech company lays off workers in response to housing slowdown
Source: SF Gate — Realtor.com, the second most visited website for real estate listings in the U.S., is laying off an undisclosed number of employees due to a recent slump in the housing market. Read More
Commercial Real Estate
Commercial Real Estate Software Market Surges Globally
Research and Markets stated that the global real estate software market will grow significantly in 2023, from $10.07 billion in 2022 to $11.24 billion in 2023 at a compound annual growth rate (CAGR) of 11.6%. […]
Commercial Real Estate
Commercial real estate lending plunged 56% last quarter as ‘logjam’ of uncertainty clogged the market
Commercial real estate lending more than halved last quarter compared to the prior year. The MBA attributed the drop to a “logjam” of uncertainty that’s freezing the market. Demand for office and apartment buildings has […]