20 Oct 2023
Amazing chart about Canada housing market (on the right) vs. US housing market (on the left).
Source: Michel A.Arouet
19 Oct 2023
JUST IN: The Value of US Distressed commercial real-eestate is approaching $80 billion, the highest level in a decade Now less than HALF the 2008 financial crisis levels
Blackstone, Brookfield and Goldman Sachs have defaulted or relinquished offices to lenders this year. Today, Pimco walked away from 20 hotels with +$240MM in debt. Over $1.5 trillion of commercial real estate loans will mature over the next 3 years. Source: Bloomberg, Genevieve Roch-Decter, CFA, Barchart
18 Oct 2023
Michael Burry Stock Tracker ♟
🚨🚨Latest news on real estate market
17 Oct 2023
US Commercial real estate sales volume have fallen to the lowest level in 13 years
Source: Green Street
29 Sep 2023
US Housing | The National Association of Realtors’ index of contract signings tumbled 7.1% to 71.8 from July, the group reported Thursday
The decline was larger than all estimates in a Bloomberg survey of economists. *US AUG. PENDING HOME SALES FALL 7.1% M/M; EST. DOWN 1% *US AUG. PENDING HOME SALES FALL 18.8% FROM PREVIOUS YEAR Source: Bloomberg
