The Bureau of Economic Analysis (BEA) reported that inflation grew at a faster rate throughout August, possibly contributing toward the Federal Reserve’s decision to raise rates in mid-September. The Personal Consumption Expenditures (PCE) price index increased 0.3% on a monthly basis, a slight increase from July’s index increase of 0.2%. On a yearly basis, inflation…
Home-price growth looks to be continuing to decelerate into the housing market’s fall slowdown, according to a new report from Redfin. Redfin’s latest Home Price Index (RHPI) data saw home prices rise 0.25% month-over-month in August, down from the 0.26% growth seen in July and the 0.27% growth in June. This trend tracks with what…
The S&P CoreLogic Case-Shiller Index, the flagship measure of U.S. home prices, recorded a 1.9% annual gain for July 2026, up from a 1.6% rise in the previous month. Home values fell in real terms for the 14th consecutive month, as July’s 3.4% inflation ran roughly 1.5 percentage points above the 1.9% home price gain.…
As summer comes to a close, many homeowners begin thinking about the next chapter of life. For some, that means simplifying, reducing maintenance or moving closer to family before the holiday season. Let’s explore practical ways agents can spot downsizing leads before they take action. Look for common downsizing indicators Rather than guessing who may…
Compass International Holdings recently sent multiple MLSs a letter requesting that they exclude Compass listing and agent data from feeds provided to recruiting software vendors, as the mega-brokerage continues to lobby for significant changes to MLS policies. In the letter, Compass expressed issues with MLS data supplied to vendors including Courted, BrokerMetrics and Brokerkit, noting…
The Iran War continues to weigh on the economy, and in turn the housing market, with mortgage rates this week peaking to “the highest level since May 2024,” as noted by Mortgage Bankers Association President and CEO Bob Broeksmit. According to Freddie Mac’s latest Primary Mortgage Market Survey, the 30-year fixed-rate mortgage (FRM) averaged 7.03%…
Elevated construction costs and global issues affecting trade have pushed the housing market to new lows as of late. But the latest data from the Department of Housing and Urban Development (HUD) and the Census Bureau show that 2026 may not end on a disappointing note—at least in one sector. For August, sales of new…
The post New-Home Sales Slowly Rise; Midwest Grows Nearly 85% appeared first on RISMedia.
In the post-COVID era, the housing market has sat pretty firmly in seller’s territory. Record high home prices, elevated mortgage rates and inflation have all kept many buyers on the sidelines. For those that have entered the playing field, though, they’ve been faced with sellers who would more often delist a home rather than lower…
A just-released report from the National Association of Realtors® (NAR) details what has become almost the norm within the residential real estate industry—that technology is being utilized by agents primarily to get time back and to give clients a better experience. According to the annual survey, 81% of agents said saving time is their primary…
The early-fall housing market shows signs of muted behavior, as pending home sales increased slightly from last month, but are overall down on an annual basis, according to the National Association of Realtors® (NAR). NAR’s Pending Home Sales report for August shows that sales grew by 0.3% month-over-month, but they also decreased by 4.7% compared…
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