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Recent Articles

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Business Insider: US housing shortage making homes less affordable, and conditions don't seem to be improving; shortage is due to US not having built enough homes, while materials delays make scheduling projects inconsistent and hard to retain workers

John Burns Consulting: Three traits of smart home technology that resonate most strongly with consumers are safety, seamlessness, functionality; products poised for high adoption include water monitor sensors, smart ventilation, hands-free flush toilets

Potential US existing-home sales in April fell 3.0% month-over-month to 5.74 million seasonally adjusted annualized rate; house-buying power fell US$77,000, reduced housing market potential by nearly 380,000 potential home sales: First American

Share of US homes for sale with a price drop rose to 17.8% in four-week period ended May 15, the highest level in two and a half years and up from 9.5% year ago; new listings down 0.6% from year ago, pending sales down 6%: Redfin

CIBC: US housing starts below expectations in April, flat month-over-month and up 15% year-over-year, but permits beat forecast, down 3% month-over-month but up 3% year-over-year; higher mortgage rates expected to cool demand, slow starts in coming months

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