TOP STORYHousing Market
Payrolls Rise 162,000 in August as Construction Adds 22,000 and Fed Hike Talk Returns
The August Employment Situation report beat forecasts by a wide margin and revised June and July higher, pushing the Federal Reserve further from a rate cut. Construction added 22,000 jobs,…



Commercial Real Estate
Apartment Construction Time Falls to 18.9 Months but Stays Near Decade Highs

Agents & Brokerages
Rocket Names Meta Veteran Alessio Sanfilippo CEO of Redfin
LATEST NEWS
Payrolls Rise 162,000 in August as Construction Adds 22,000 and Fed Hike Talk Returns
Data Center Construction Costs Jump 21% Per Megawatt Since 2024, Cushman & Wakefield Finds
Pulte Opens VantageScore 4.0 to All Fannie and Freddie Lenders as FICO Stock Falls 16%
Apartment Construction Time Falls to 18.9 Months but Stays Near Decade Highs
Investor Share of Home Purchases Slips to 27% as Mega Investors Cut Buying by 10,000 Deals
Agent Pulse Snapshot
63%
Say sellers are more flexible
β 8% vs last week
41
New source responses this week
12
Markets updated this week
Most Active Markets
Based on recent national housing-market rankings
Housing Market
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Investor Share of Home Purchases Slips to 27% as Mega Investors Cut Buying by 10,000 Deals
Week in Housing: September 4
Mortgage
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Maryland Cuts Mortgage Rate Half a Point for Teachers and First Responders
Mortgage Rates Climb to 6.71%, Highest in 13 Months, as Global Bond Selloff Lifts Yields
Commercial Real Estate
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Update: American Healthcare REIT Closes $572 Million of Kensington Senior Housing Portfolio
Scion and Ares Buy Four Student Housing Communities With 2,316 Beds for More Than $400 Million
Technology & AI
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NVIDIA Takes Stake in Lancium, Backing 15 Gigawatts of Powered Land for AI Data Centers
Zillow and Redfin Settle FTC Antitrust Case on the Morning Trial Was Set to Begin
Markets to Watch
View all markets βHartfordConnecticut
Tight & affordableLow inventory and steady demand keep sellers firmly in control.
View Market βSan JoseCalifornia
Top-of-market bellwetherHigh prices and tech-driven demand set the pace for the luxury tier.
View Market βMiami BeachFlorida
Luxury resilienceCash and second-home buyers keep this coastal market strong despite high rates.
View Market βThis Week’s Market Question
Are sellers in your market becoming more flexible?
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