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New home sales surge to 3-year high

New home sales surge to 3-year high

Orphe Divounguy of Zillow reports that new single-family home sales surged by 20.5% in August, reaching 800,000 (SAAR), surpassing expectations and marking a 15.4% increase from August 2024. The median…

What declaring a National Housing Emergency means

Giulia Carbonaro of Newsweek reports that President Trump is considering declaring a national housing emergency as soon as this fall to address the U.S. affordability crisis, according to Treasury Secretary…

Rent growth turns negative for first time

Rent growth turns negative for first time

Logan Mohtashami of HousingWire reports that mortgage rates fell to a year-to-date low of 6.50%, despite political turbulence, including President Trump’s attempt to fire Fed Governor Lisa Cook. The decline…

Lowest mortgage rates of 2025

Lowest mortgage rates of 2025

Joel Berner of Realtor.com reports that the Freddie Mac 30-year fixed mortgage rate ticked down five basis points to 6.58% this week, the lowest since October. Despite stubborn inflation data,…