Diana Olick of CNBC reported that homebuilder sentiment dropped again in June as the NAHB/Wells Fargo Housing Market Index slipped two points to 35, marking the 14th straight month below…
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Berkshire bets $8.5B on homebuilding
Keith Griffith of Realtor.com reported that the New York Attorney General’s antitrust bureau has opened an investigation into Compass International Holdings, the nation’s largest residential brokerage by a wide margin,…
Investors pull back in Q2 2026
Joel Berner of Realtor.com reported that new-home sales slowed 6.2% month over month and 11.3% year over year in April, the weakest month for new-home sales in the past year…
Builders are pausing projects
Dave Gallagher of RealEstateNews.com reported that the average 30-year mortgage rate climbed to 6.51% in the past week, according to Freddie Mac, with Mortgage News Daily clocking 6.65% on May…
Inflation jumps and Washington moves
The U.S. Bureau of Labor Statistics reported that the Consumer Price Index rose 0.6% on a seasonally adjusted basis in April after a 0.9% gain in March, lifting the 12-month…
Pending sales highest since 2022
Dana Anderson of Redfin reported that U.S. pending home sales climbed to 340,101 on a seasonally adjusted basis in the four weeks ending May 3, the highest level since September…
We’re seeing the lowest interest rates in 3 years
Freddie Mac reported that the 30-year fixed-rate mortgage averaged 6.23% for the week ending April 23, down from 6.30% the prior week and below the 6.81% recorded one year ago.…
Sellers are optimistic heading into spring 2026
Freddie Mac reported that the 30-year fixed-rate mortgage averaged 6.30% for the week ending April 16, down from 6.37% the prior week and well below the 6.83% recorded one year…
Listings rise 4.6%, the largest March increase in five years
Anthony Smith of Realtor.com reports that new listings fell 10% year over year for the week ending April 4, the steepest weekly decline since late January. Year to date, new…
