MBA Advocacy Update April 15: VA Releases VASP Program; House Hearings Demonstrate Tax Debate on Expiring Provisions Well Underway
This week’s top legislative and policy news from the Mortgage Bankers Association.
Point2: Prices Have Doubled Over Decade in Many Large U.S. Cities
Point2, Saskatoon, Saskatchewan, recently released an analysis finding that prices have doubled in less than 10 years in 68 of the country’s largest 100 cities. Some, such as Detroit, have doubled at a significantly faster rate.
Commercial Real Estate Entering Planning Stage Dips
The Dodge Momentum Index fell 8.6% in March to 164.0, and commercial properties entering the planning stage dipped 3.2%, according to the Dodge Construction Network, Bedford, Mass.