The National Association of Realtors®’ (NAR) Existing-Home Sales report for October came in on a somewhat dismal note: Existing-home sales decreased 5.5% month-over-month to a rate of 3.75 million. That marks the lowest level since August 2010’s 3.68 million, according to Realtor.com® Chief Economist Danielle Hale. Year-over-year home sales were down 8.8% compared to October…
The National Association of Home Builders (NAHB) reported that remodeling activity was flat in the second quarter amid a broader nationwide housing slowdown, in its latest State Projections of Remodeling (SPR). The SPR showed a near-even split in the second quarter: Remodeling spending declined in 26 states and increased in 24 states, according to a…
(TNS)– The deluge of wealth the artificial intelligence boom has brought into San Francisco has already pushed luxury home prices to record heights. Now, with Anthropic’s initial public offering poised to bring even more money into the city, could things get even worse? Real estate professionals say yes—but that a lot of the growth is…
Editor’s note: Econ Review is a roundup of the housing and economic market data reports released during the month. As the winter slowdown draws closer, the housing market remains in a sticky spot as the economy continues to face challenges trickling down from the Iran War. Now moving toward the end of 2026, the question…
The post Econ Review: A Look at October’s Key Market Data appeared first on RISMedia.
As affordability remains one of first-time buyers’ biggest hurdles in real estate, the face of homebuying remains squarely retirees and members of older generations who are repeat participants in the housing market. The median age of a homebuyer now stands at 58, and there is “increased buying activity among those over 60,” according to the…
Mortgage rates are giving homebuyers another reason to hesitate. The average rate for a 30-year fixed mortgage reached well over 7% in October, its highest level in 13 months, according to Freddie Mac. That followed a climb from 5.98% in late February to 6.65% by Aug. 20, figures cited in a recent U.S. Bank housing-market…
Home prices rose in 78% of metro markets during the third quarter of 2026, according to the National Association of Realtors®’ latest quarterly report. This is down from 80% in Q2, but shows the continued value and equity-building power of homeownership even in a down market. Four percent of metro areas recorded double-digit price gains,…
The S&P Cotality CoreLogic Case-Shiller Index, the flagship measure of U.S. home prices, recorded a 2.1% annual gain in national home prices for August 2026, up 0.2% from July’s 1.9% gain. Both city composite indices posted similar gains: The 10-City Composite is up 3.6% annually versus 3.4% the prior month, and the 20-City Composite is…
As the Federal Reserve gathers for their two-day meeting to decide on potential changes to interest rates, new-home sales may figure into their discussion after a month of minor declines. The latest data from the Department of Housing and Urban Development (HUD) and the Census Bureau show that new-home sales throughout September fell 0.6% on…
A house that didn’t sell over the summer may offer new opportunities for fall buyers. But a longer listing period doesn’t guarantee a bargain, especially when the asking price tells only part of the story. According to Realtor.com®’s 2026 housing report, Dallas-Fort Worth homes spent a median of 62 days on the market (DOM), while…
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