Manhattan Apartment Rents Hit All-Time High in June 2026
Manhattan’s median rent hit a record $5,295 in June 2026, up 8% year-over-year, according to The Corcoran Group’s June market report, as listings fell to a three-year low.
Housing Market
Housing market news and data for 2026: home prices, inventory, days on market, and buyer demand β plus what the latest trends mean for buyers and sellers.
Berkshire Hathaway Completes $8.5 Billion Acquisition of Taylor Morrison
Berkshire Hathaway has closed its $8.5 billion acquisition of Taylor Morrison, merging the homebuilder with Berkshire’s Clayton Properties Group to form the nation’s fourth-largest homebuilding operation.
U.S. Housing Economy Shifts From Stagnation to Contraction, Fitch Analysts Warn
Fitch Ratings analysts said in a July 24 webinar that the U.S. housing economy has moved from stagnation into contraction at mid-2026, citing weak new-home sales, elevated mortgage rates and a mortgage lock-in effect even as home prices hit record highs.
Santa Cruz County Named Nation’s Most Expensive Rental Market for Fourth Straight Year
Santa Cruz County topped NLIHC’s Out of Reach 2026 report for a fourth straight year, requiring an $81.04 hourly wage to afford a $4,214/month two-bedroom rental.
New Home Sales Edge Up in June, but Prices Keep Falling
New home sales rose 1.6% in June to a 628,000 annual rate, Census and HUD data show, but the gain isn’t statistically significant and median prices fell 3.3% from May.
Harvard’s Housing Report Explains Why the Market Is Stuck
Harvard’s State of the Nation’s Housing: sales near 30-year lows, $120K income needed for the median home, and a 7.2-million-unit affordable-rental gap.
Home Prices Rose in 71% of Metros as the Map Fractures
NAR: prices rose in 71% of metros in Q1 while nearly 29% went flat or negative β the most fragmented price map in years. San Jose tops $2 million.
Miami Leads Sun Belt Home-Price Growth as Rivals Slip
Miami home prices rose 1.1% in April while Dallas, Phoenix, Tampa and Denver all fell β the Sun Belt correction now has a conspicuous exception.
Lennar’s 12.9% Incentives Show the Cost of Moving New Homes
Lennar delivered 20,519 homes with incentives at 12.9% of price β about $48,000 a home β while trimming 2026 guidance. What it says about new construction.
Entry-Level Buyers Finally Catch a Break on Inventory
Pending sales in the cheapest 5% of listings rose 10.3% as inventory grew 12.2% β the entry level is loosening faster than the market at large.
Home Values Cushioned a $1.8 Trillion Stock Slide in Q1
Households lost $1.8 trillion in stocks in Q1 β yet net worth rose, because real estate gained $0.8 trillion. Housing’s stabilizer role, quantified.
FHFA: New England Climbs While Mountain-State Prices Slip
The FHFA index was flat in April β but regions ran opposite directions, from New England’s +1.0% month to the Mountain division’s -0.8% drop.
Texas Tilts Toward Buyers as Supply Hits 5.2 Months
Texas’s median price slipped below last year as supply reached 5.2 months β yet sales keep growing. Inside the most orderly correction in the country.
Real Home Prices Fall for an 11th Straight Month
Case-Shiller shows prices up 0.8% in a year when inflation ran 3.8% β meaning inflation-adjusted U.S. home values fell for an 11th straight month.
Washington Housing Inventory Jumps 16% as Prices Ease
Active listings across Washington’s NWMLS rose 16.4% year over year in June while the median price eased 3% to $650,000 β a market tilting toward buyers.
Rents Fall for a 35th Straight Month as Supply Does the Work
The median asking rent fell 1.5% year over year to $1,692 in June β the 35th straight decline β while weak permitting threatens future supply.
Fannie Mae Sees Flat 2026 Home Sales and a New-Home Pullback
Fannie Mae forecasts 4.76 million total home sales for 2026 β up just 0.2% β with existing sales edging higher while new-home sales fall 6.1%.
Million-Dollar Sales Push California’s Median to a Record
California’s median hit a record $930,260 as $1M+ homes claimed 38.5% of sales β while volume stayed below 300,000 for a 44th straight month.
Asking Prices Post a Record Annual Drop as Sellers Reprice
The median list price fell 2.5% year over year in June β a record decline β as sellers price realistically from day one and buyers respond with bids.
U.S. Home Prices Hit a Record as Buyers Gain Leverage
The median U.S. sale price hit a record $408,776 in June, Redfin says β but the gains came from a handful of wealthy metros, not the whole market.
San Francisco Leads the Big-City Housing Rebound
San Francisco’s median hit $1.72M β up 9.2%, the nation’s fastest β with sales up 23% and listings down 16%. Anatomy of a whiplash recovery.
June Existing-Home Sales Slip 2.4% Even as Costs Ease
Existing-home sales slipped 2.4% in June to a 4.09 million pace even as affordability improved. What the NAR report signals for buyers and sellers.
Remodeling Demand Holds Up Even as Material Costs Jump 6.7%
The Remodeling Market Index held at 61 in Q2 as 74% of remodelers reported material price hikes averaging 6.7% β the rate-lock economy at work.
Home Sales Rebound in June as Inventory Growth Nearly Stalls
Zillow: June sales jumped 9.2% from May while inventory grew just 0.9% annually β a two-year low. The buyer-friendly window is quietly narrowing.
Mid-Atlantic Home Sales Jump 7.3% to a Record Median Price
Bright MLS: June sales rose 7.3% as the Mid-Atlantic median hit a record $460,000 β with higher-income buyers doing the driving.
Real Estate Wire Fraud Checklist: How Buyers and Sellers Can Protect Closing Funds
Wire fraud can drain closing funds in minutes. A verification checklist for buyers, sellers and agents before any money moves.
Multifamily Vacancy Explained: Why Renters and Investors Watch This Number
Multifamily vacancy shows how much rental supply sits empty β and shapes rent growth, concessions and negotiating power.
Multifamily Supply Cliff Ahead? What Slower Completions Could Mean for Rents
Apartment completions are slowing after a record supply wave. What a multifamily construction pullback could mean for rents.
Lease Renewal Strategy in 2026: What Renters Should Know Before Signing
A lease renewal is a negotiation, not paperwork. How renters can use market data and concessions before signing in 2026.
Why Apartment Rents and Single-Family Rents Are Moving Differently
Apartment rents and single-family rents are diverging in 2026 as new multifamily supply cools one market but not the other.