Across the West, 35 to 40 million people rely on the Colorado River Basin for water. The region is experiencing a 26-year drought, with Lake Mead, Lake Powell and the Colorado River all at historic low levels, according to the U.S. Department of the Interior. Federal officials issued major restrictions in late August, ordering California,…
Existing-home sales fell at a faster rate in the latest report by the National Association of Realtors® (NAR) on Thursday. For August, existing-home sales decreased by 2% on a month-over-month basis and at a seasonally adjusted annual rate of 3.98 million. This marks the third consecutive month of declining sales, as July reported a decrease…
Editor’s note: Econ Review is a roundup of the housing and economic market data reports released during the month. Summer 2026 did not pick up speed as the industry had originally hoped when the year began, largely due to elevated inflation from the Iran war. However, some positive signs for the housing market might still…
The post Econ Review: A Look at August’s Key Market Data appeared first on RISMedia.
After holding the top spot as the hottest housing market for two consecutive months, Hartford, Connecticut, has been dethroned by a midsize Midwest metro in Rockford, Illinois, in the August 2026 Hottest Housing Markets report by Realtor.com®. Previously, Rockford sat in 10th place for June’s report, while Hartford ranked in first place for June and…
Multifamily construction remains on the rise in the face of headwinds in the single-family construction market, according to the latest data from the National Association of Home Builders (NAHB). The NAHB Home Building Geography Index saw multifamily construction grow in six of the seven geographic categories in Q2. Some of the largest growth was in…
Turns out the pandemic was good for one positive trend. More people than ever moved away from U.S. counties at risk for poor air quality. The tendency continues today, but not to the same extent. A new report from Redfin shows that counties at low risk posted a net inflow of 296,342 in 2025, roughly…
The post There’s Something in the Air That Moves People…Literally appeared first on RISMedia.
Surveys identifying the most trusted professionals have long ranked nurses, doctors and the military at the top while real estate professionals tend to be ranked lower. But with media coverage (stemming from lawsuits and policy changes) and a historically tough housing market, many industry leaders have worried that real estate professionals might take another hit…
Delistings—the “ultimate sign of a non-functioning market,” according to Realtor.com®—appear to be slowing down as summer is coming to close, according to a new report by the portal. Realtor.com’s August 2026 Monthly Housing Trends Report found that delistings fell 12.6% year-over-year, and saw no “notable” spike in either July or August. The “quit rate” (delistings…
The new home market continues to face adversity due to economic challenges, as the latest data from the Department of Housing and Urban Development (HUD) and the Census Bureau saw sales reach a new low for 2026. New-home sales in July clocked in at a rate of 607,000, down 10.5% from June’s upwardly revised rate…
In the face of ongoing geopolitical uncertainty and economic headwinds, consumers’ feelings about the economy remain dim. The nonprofit research firm, The Conference Board, released its latest month report Aug. 25, with its Consumer Confidence Index falling by 0.8 points to 89.4. July’s revised estimate was 90.2, leaving behind nearly a whole point between the…
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