Johnny Gaudreau’s daughter Noa and son Johnny Jr. pose with Team USA after Olympic gold.

Credit : Gregory Shamus/Getty

(MILAN, ITALY)(Cleary’s NoteBook News)(February 22, 2026)–USA Hockey is honoring the memory of Johnny and Matthew Gaudreau at the Olympics in Milan this weekend. According to the Associated Press, the U.S. is paying tribute to the brothers in their locker room at the Milano Santa Giulia Ice Hockey Arena. A blue No. 13 Gaudreau jersey hangs there as a reminder of the player known as “Johnny Hockey,” who was beloved by so many on the national team and beyond.

Image courtesy of 6ABC Action News

Johnny Gaudreau (31) and his brother, Matthew Gaudreau (29), died on August 29, 2024, after being struck from behind by a suspected drunk driver while riding bikes in Oldmans Township, New Jersey. They were killed on the eve of their sister’s wedding.

Suddenly, On January 31, 2026. Age 70, Of Haddon Heights. Cherished Son of the late Vincent and Irene Kavalunis. Beloved brother of the late Sandra Kavalunis. 

Funeral Arrangements are pending at this time. Please contact McCann – Healey Funeral Home, Gloucester City Ph: 856 – 456 – 1142 for additional information.

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Gloucester CITY, NJ (CNBNews)(February 19, 2026)–In June 2025, authorities informed residents and officials across 19 New Jersey municipalities about a potential collapse in the real estate sector that could soon affect their communities.

An article published by Newsweek emphasizes that while New Jersey’s housing market appears to be robust on the surface, a comprehensive analysis reveals concerning trends. Over the past 15 years, the Zillow Home Value Index has signaled critical warning indicators in these 19 towns, reminiscent of prior market downturns: significant overvaluation, noticeable volatility, and a troubling loss of upward momentum. Certain communities, such as Woodlynne and Gloucester City, have experienced such extreme price inflation that a market correction appears not only probable but nearly unavoidable. This phenomenon may be driven by exaggerated media coverage, speculative investment behaviors, or unrestrained momentum that no longer reflects genuine economic conditions. 

Gloucester City exemplifies this trend, having experienced an extraordinary 206.6% increase in home prices. This surge has elevated property values to an astonishing 89.5% beyond what the market can sustainably support, particularly considering the relatively moderate current prices. The city’s history of three significant housing crashes, including a severe 15.7% decline in 2012, further underscores its vulnerability and the potential for another downturn. The combination of excessive growth fueled by speculation and historical market trends is raising alarm among residents and officials, indicating that the stability of these markets may soon be jeopardized.

GLOUCESTER CITY

Home Stratosphere | Zillow Home Value Index

Crash Risk Percentage: 90%

Historical crashes (8%+ declines): 3

Most severe historic crash: -15.7% (2012)

Total price appreciation since 2000: 206.6%

Overextension above long-term average: 89.5%

Annual price volatility: 8.8%

Projected 2025 price: $245,454

Gloucester City’s Location and Overvaluation Concerns

Situated along the scenic Delaware River directly opposite Philadelphia, Gloucester City benefits from a strategic location offering residents convenient access to major employment centers. This prime position makes it an appealing residence for those seeking employment opportunities. Despite its attractive proximity to Philadelphia, Gloucester City provides a more affordable housing market relative to other high-risk urban areas. Nevertheless, the current median home price of $245,454 is alarmingly 89.5% higher than its sustainable long-term average.

Since 2000, property values in Gloucester City have surged by an extraordinary 206.6%. The housing market has experienced considerable volatility, with three significant crashes since 2000, the most severe occurring in 2012 with a 15.7% decline amid broader regional economic challenges. Residents face typical urban issues, such as aging infrastructure and a lack of strong local economic development efforts.

With an annual price volatility rate of 8.8%, the housing market demonstrates ongoing instability. The history of multiple major downturns reveals underlying structural vulnerabilities within the community. Although current prices may seem reasonable compared to more high-end coastal markets, the 89.5% overvaluation indicates that even this working-class area has seen property values rise far beyond sustainable levels. This situation poses a significant risk of market correction, placing homeowners and prospective buyers in a precarious position.

This analysis was initially published in the article “Crash Coming? These 19 New Jersey Towns Are on Thin Ice,” available on Home Stratosphere.

https://local.newsbreak.com/m/home-stratosphere-314909776

Gloucester City – Delaware River Location Can’t Justify Overvaluation

Situated along the Delaware River directly across from Philadelphia, Gloucester City benefits from proximity to major employment centers while maintaining relatively affordable housing compared to other high-risk markets. However, the city’s median home price of $245,454 still sits 89.5% above its long-term sustainable average, following 206.6% appreciation since 2000. Gloucester City has experienced three major crashes since 2000, with the worst decline of 15.7% in 2012 coinciding with broader regional economic stress.

Gloucester City’s riverfront location and Philadelphia access provide some economic advantages, but the city faces typical urban challenges including aging infrastructure and limited local economic development. The 8.8% annual price volatility indicates ongoing market instability, while the pattern of three major crashes suggests underlying structural vulnerabilities. Despite current prices appearing modest compared to luxury coastal markets, the extreme 89.5% overvaluation indicates that even this working-class community has pushed valuations well beyond sustainable levels, creating significant downside risk.