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 11:40 AM ET

Reston, Va., Penthouse Sells for $10.9 Million, Breaking State Condo Record Again

A luxury penthouse living room with floor-to-ceiling windows overlooking a suburban skyline at golden hour.

A full-floor penthouse atop the JW Marriott Residences Reston Station in Reston, Va., has sold for $10.9 million, setting a new record for the most expensive condominium sale in Virginia history, Comstock Holding Companies and McWilliams|Ballard announced Aug. 5. The sale breaks the same building’s own record of $10.25 million, set earlier in 2026 β€” … Read more

Realtracs, Zillow Sign New MLS Data License With AI Use Guardrails

A laptop showing a real estate listings map interface on an office desk.

Realtracs, the multiple listing service covering Nashville and markets across Tennessee, Kentucky, Alabama, Georgia, North Carolina and South Carolina, has signed a new data licensing agreement with Zillow that sets explicit rules for how the portal can use broker-created listing data in artificial intelligence products, according to an announcement posted to Realtracs’ own site on … Read more

Innovative Industrial Properties Beats on Profit as Cannabis Tenant Defaults Weigh on Revenue

A large single-story industrial warehouse building with loading docks under a clear sky.

Innovative Industrial Properties Inc., the real estate investment trust that owns cannabis cultivation and processing facilities, posted second-quarter 2026 profit that topped Wall Street estimates even as tenant defaults kept a lid on revenue growth, according to an Aug. 3 SEC filing. Total revenue was $63.3 million, roughly flat with $62.9 million a year earlier … Read more

More Balanced Inventory Improves Housing Affordability for a Second Year

More Balanced Inventory Improves Housing Affordability for a Second Year

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 β€” but not through the channel most buyers are waiting … Read more

Data Center Construction Starts Reach $58.1 Billion Through May

Data Center Construction Starts Reach $58.1 Billion Through May

Data center construction starts reached $58.1 billion year to date through May across 91 projects β€” more than four times the prior-year record pace β€” according to ConstructConnect. May starts alone totaled $7.9 billion. These are tracked construction starts using ConstructConnect’s proprietary methodology, not a measure of total industry spending. Key facts The average project … Read more

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