The Personal Consumption Expenditures (PCE) Index, which is the Federal Reserve’s preferred gauge of inflation, rose to 2.8% in September on an annual basis. According to data from the Commerce Department released Dec. 5, core PCE rose 0.2% over the previous month. The report, delayed by the government shutdown, seemingly gives a further green light…
This year is on track to end with a slower than average housing market, but will 2026 kick real estate into high gear? The 2026 housing forecast from Bright MLS projects another “transition year” for housing, with slight pick-ups in market fundamentals but enduring challenges for first-time buyers, as well as strong differences between regional…
A lack of inventory and an affordability crunch since the pandemic have affected the housing market in many ways, few of them positive for buyers. But one interesting dynamic remains pricing between new builds and existing homes—with existing homes historically much cheaper. Despite a welcome surge in inventory overall, the price of a new build…
Annual gains in home prices have continued their weakened slope for another month, a trend that began back in the spring of this year, according to the latest data. The September S&P Cotality Case-Shiller Home Price Index saw home prices post a 1.3% annual gain, the “weakest performance since mid-2023,” which “represents a stark contrast…
As we get closer to a new year, the real estate market shows new signs of incremental pick-up. According to the latest Pending Home Sales report from the National Association of Realtors® (NAR), pending home sales inched up 1.9% month-over-month in October. As Lisa Sturtevant, chief economist of Bright MLS, noted in a statement: “The…
Despite a prolonged government shutdown that lasted throughout the month, October still saw a slight increase in existing-home sales, according to the latest data from the National Association of Realtors® (NAR). NAR’s October Existing-Home Sales report found that sales grew 1.2% to a rate of 4.10 million, slightly down from the 1.5% growth seen in…
The summer of 2025 saw “record-high” home prices while recent reports show first-time home-buying fell. Are prices keeping buyers out of the market? According to the latest findings from the National Association of Realtors® (NAR), home prices rose in 77% of U.S. metro markets during Q3 2025, up slightly from 75% in Q2. The remaining…
The government remains shut down, and at least in some areas, housing markets are starting to show “early signs” of slowing activity, according to Realtor.com®’s October 2025 Monthly Housing Trends Report, which found that markets with the highest numbers of federal employees see “modest” impacts. “At this stage, the housing market effects of the federal…
Pending home sales in September showed no change from the prior month and fell 0.9% year-over-year, according to the National Association of Realtors® (NAR) Pending Home Sales Report. The report provides the real estate ecosystem, including agents and homebuyers and sellers, with data on the level of home sales under contract. Month-over-month and year-over-year pending…
While home prices are inching up, the rate of increase is slowing, per the latest findings from the S&P Cotality Case-Shiller Home Price Index for the month of August (the index measures on a two-month lag). The national index inched up by 1.5% year-over-year. Growth slowed similarly in the index’s 10-city composite index, which increased…
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