The median price of an existing single-family house, at $276,900, was much higher in June 2018 than it was the year before, according to the National Association of Realtors.
Founded in 2016, ArborCrowd pursues multifamily workforce housing investments across the U.S., with purchase prices ranging from $25 million to $80 million.
The Federal Reserve will issue a statement promising more rate hikes, according to MarketWatch. Discount retailers continue to expand, reports Chicago Tribune. These are the must reads from around the commercial real estate industry today.
