Pending Home Sales Sink to 5-Month Low as Mortgage Rates Near Yearly High
Redfin data shows pending home sales dropped 3.7% in a week, the steepest decline since 2022, as mortgage rates hit nearly a year-high and sellers offer more concessions.
Housing market news and data for 2026: home prices, inventory, days on market, and buyer demand — plus what the latest trends mean for buyers and sellers.
Redfin data shows pending home sales dropped 3.7% in a week, the steepest decline since 2022, as mortgage rates hit nearly a year-high and sellers offer more concessions.
Realtor.com identifies Milwaukee, Detroit and other older industrial cities as best positioned to benefit from a new law tying CDBG grants to local homebuilding.
Dream Finders Homes has agreed to acquire Beazer Homes in an all-cash deal worth about $2.2 billion, the companies announced Aug. 6, ending a monthslong pursuit that started as a hostile bid and closes as a unanimously approved merger creating the nation’s sixth-largest listed homebuilder. Under the agreement, Beazer shareholders will receive $33.50 in cash … Read more
A Leon County judge ruled Florida’s property tax amendment ballot language was biased, ordering a rewrite of phrases like the ‘Save Our Homes’ title before the measure appears on the November ballot.
Real estate investor confidence fell to its lowest level on record this summer, according to the Summer 2026 RCN Capital/CJ Patrick Company Investor Sentiment Index, published Aug. 5. The index dropped to 84, the lowest score in the survey’s 12-quarter history and the second consecutive quarter below 90. The reading is down three points from … Read more
Florida’s share of the nation’s homeowners insurance lawsuits has nearly been cut in half since the state overhauled its property insurance laws, according to state regulatory data reported by Florida Realtors on Aug. 5. Florida’s portion of national homeowners insurance litigation fell from roughly 79% in 2020 to about 41% in 2025, even though the … Read more
Buyers need to earn $109,796 to afford the typical U.S. home, Redfin reports, down just 0.5% from a year-ago record as mortgage rates and prices stabilize.
LGI Homes posted second-quarter 2026 revenue of $516.0 million and 1,440 home closings, and raised its full-year guidance on average sales price and gross margin for the second straight quarter.
Real house-buying power improved approximately 7% year over year in April as the market moved toward balance, according to First American. Months of supply rose from about 3.5 in April 2024 to 4.4 in April 2026, while nominal price growth slowed sharply. Affordability is improving — but not through the channel most buyers are waiting … Read more
BLS JOLTS data show construction job openings rose to 305,000 in June, up 36% from a year ago, as nonresidential and data center projects compete harder for skilled labor than a slowing housing sector.
A new NAR report finds 6.9 million U.S. homes are now valued at $1 million or more, up from 2% two decades ago, as sellers increasingly price listings at $999,999 to dodge mansion taxes.
Gov. Greg Abbott proposed withholding sales tax revenue from Texas cities that impose costly add-on requirements, like oversized pools or extra height limits, to stall housing development.
Home prices rose year-over-year in 80% of U.S. metros this spring, up from 71% in Q1, as the national median price climbed to $434,900, NAR’s latest quarterly report finds.
New construction is giving homebuyers more negotiating leverage across the South, including Florida, even as many sellers hold out for full asking price, a HomeServices of America report finds.
NAHB says AI data center developers are paying 30 to 50 times what homebuilders can afford for land in Northern Virginia and beyond, removing housing sites from the pipeline entirely.
HOA-related foreclosures climbed to 6,376 properties in the first quarter, up nearly 40% in two years, as insurance costs and depleted reserves push cash-strapped associations to crack down on delinquent owners.
Oregon Housing and Community Services is offering fixed-rate permanent mortgages to affordable housing developers for the first time in nearly two decades, filling a financing gap between construction and long-term debt.
PulteGroup is standing up a new Florida Panhandle Division and naming Taylor Larza to lead it, formalizing its push into the Bay County, Florida, market where it has rights to more than 1,300 homesites.
A record 242 U.S. cities now have typical starter homes worth at least $1 million, up from 226 in 2025 and just 80 in February 2020, according to Zillow. California accounts for 105 of them. The national typical starter home is worth $198,649 — a figure that, placed beside the $1 million threshold, describes two … Read more
The share of U.S. listings with a price cut rose to 20% in July from 18.8% in June, Realtor.com reports, as mortgage rates near a one-year high stalled the summer selling season.
Seattle’s City Council passed legislation eliminating Hearing Examiner appeals for environmental review of zoning and comprehensive-plan decisions, aiming to remove a process officials say has delayed housing development for years.
The share of home builders reporting increased local M&A activity grew from 14% to 21% over the past year, and those approached about being acquired doubled to 18%, an NAHB survey analysis finds.
A Florida legislative watchdog report found building officials identified 54 condominium buildings as unsafe or uninhabitable in 2024 and 2025 milestone inspections, but confirmed only five were actually vacated, amid significant gaps in statewide reporting.
A new First Street analysis finds severe thunderstorms caused $82 billion in global losses in 2025, overtaking hurricanes as the costliest insured peril and driving rate hikes and non-renewals in hail-prone U.S. markets.
The Bureau of Reclamation’s final Environmental Impact Statement sets a new Colorado River operating framework through 2036, requiring Arizona, California and Nevada to share cuts of up to 3 million acre-feet as the river’s supply falls short of historical assumptions.
American Homes 4 Rent grew second-quarter revenue 2.8% and raised full-year Core FFO guidance for a second straight quarter, as renewal rent growth continued to outpace new-lease pricing across its 60,482-home portfolio.
The SEC alleges non-traded REIT RAD Diversified and its founders misrepresented profitability, stock valuation and liquidity while raising $152 million from over 5,500 retail investors nationwide.
Housing’s contribution to U.S. GDP slipped to 15.8% in Q2 2026, the lowest since 2019, as NAHB data show residential investment turning positive while housing services growth softened.
About 5.8% of U.S. home listings were withdrawn from the market in April, tying December 2025 for the highest delisting rate since March 2020, according to Redfin. Atlanta’s reported rate reached 10.7%. Sellers are increasingly choosing to pull a listing rather than accept a weaker offer — a decision that quietly distorts the inventory figures … Read more
The 10 largest homebuilders captured 43.6% of new single-family home sales nationally in 2025, but that understates their true reach — in some metro markets, the top 10 builders now control nearly all new-home construction.
Get expert insights, market updates, and new opportunities delivered to your inbox.