Longtime Redfin CEO Glenn Kelman said in the latest company Q2 earnings call with analysts that if mortgage rates don’t keep falling, Redfin’s “Plan B is to drink our own urine or our competitors’ blood, stay in the foxhole.” Redfin’s revenues for the quarter ended June 30 beat analyst estimates, jumping 7% year-over-year (YoY) to … Read more
Real estate activity across Canada in June showed a drop in both sales and housing prices compared to June 2023, says the Canadian Real Estate Association, though sales perked up a bit compared to May 2024. According to the latest numbers from CREA, home sales activity as registered in the Canadian Multiple Listing Service (MLS) went up … Read more
Canada’s housing market is seeing some of the lowest annual sales volumes in more than a decade, according to the latest statistics from the Canadian Real Estate Association, even though December saw a jump in sales compared to the month before. In a statement, CREA noted that the annual home sales total of 443,511 units in … Read more
