Market Datavs. 1 year ago
30-year mortgage6.76%▲ +0.41 pts15-year mortgage6.09%▲ +0.59 pts10-year Treasury4.97%▲ +0.92 ptsMortgage spread1.79 pts▼ -0.51 ptsMedian list price (Aug)$425k▼ -1.3%List $/sqft (Aug)$224▼ -1.8%Days on market (Aug)60 +0 daysActive listings (Aug)1.14M▲ +3.6%New listings (Aug)402k▼ -0.1%Pending sales (Aug)452k▼ -0.6%Housing starts (Jul)1.24M▼ -13.5%Building permits (Jul)1.43M▲ +2.4%New-home sales (Jul)607k▼ -6.3%Existing-home sales (Aug)3.98M▼ -1.2%Months of supply (Jul)9.6▲ +0.4 moMortgage delinquency (Q2)1.86%▲ +0.08 pts
Updated 5:40 PM ET

Hillsborough, Calif., Estate Sells for Record $70 Million to Buyer in AI Industry

A grand Mediterranean-style estate with formal gardens on a hillside property, representing a record-setting Hillsborough, California, home sale.

A 12-acre estate in Hillsborough, Calif., has sold for $70 million, doubling the exclusive Peninsula town’s previous price record, to a buyer who works in the artificial intelligence industry, according to reporting confirmed Aug. 7. The sale ranks as the highest-priced Northern California home transaction of 2026. The property, known as Villa de Verano, sits … Read more

Wildfire Risk Now Threatens $1.4 Trillion in Western U.S. Properties, Cotality Finds

A hillside suburban neighborhood bordered by dry brush in the western United States, illustrating wildfire exposure at the wildland-urban interface.

More than 2.5 million properties across the 10 most wildfire-exposed Western states face moderate or greater wildfire risk, with a combined reconstruction cost value of $1.4 trillion, according to a 2026 Wildfire Risk Report released Wednesday by Cotality. The findings underscore how wildfire exposure has spread well beyond California’s borders and into fast-growing metros across … Read more

CareTrust REIT Deploys $291 Million in New Deals, Pushing 2026 Investments to $1.5 Billion

The exterior of a senior living community building with landscaped grounds.

CareTrust REIT closed roughly $291 million in new healthcare property deals over the past week, pushing its 2026 investment total to approximately $1.5 billion, the real estate investment trust announced Aug. 6. The pace underscores how aggressively the skilled-nursing and senior-housing REIT has been deploying capital across both the U.S. and U.K. this year. The … Read more

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