Pending home sales rose strongly to the highest reading for May since 2005, the National Association of Realtors reported Wednesday.
Freddie Mac, McLean Va., said federal and local moratoria in response to the COVID-19 pandemic largely prevented an eviction crisis involving property renters—but the amount of back rent still owed is a “concerning factor” going forward.
On Wednesday, the Mortgage Bankers Association released its first quarter Commercial/Multifamily DataBook.
In the first of three reports this week gauging the state of U.S. employment, ADP, Roseland, N.J., said private-sector employers added 692,000 jobs in June.
MISMO®, the real estate finance industry standards organization, seeks public comment on a proposed standard for Commercial Green Utility Data. The 90-day comment period begins June 30 and runs through September 30.