Market Datavs. 1 year ago
30-year mortgage6.65%▲ +0.07 pts15-year mortgage5.95%▲ +0.26 pts10-year Treasury4.70%▲ +0.42 ptsMortgage spread1.95 pts▼ -0.35 ptsMedian list price$429k▼ -2.4%List $/sqft$226▼ -2.2%Days on market57▼ -1 daysActive listings1.13M▲ +2.1%New listings424k▼ -2.5%Pending sales470k▲ +1.9%Housing starts1.24M▼ -13.5%Building permits1.43M▲ +2.4%New-home sales607k▼ -6.3%Existing-home sales4.06M▲ +0.7%Months of supply9.6▲ +0.4 moMortgage delinquency1.86%▲ +0.08 pts
as of Aug 2026

Typical Realtor Now Has 13 Years of Experience as Newcomers Thin Out

Typical Realtor Now Has 13 Years of Experience as Newcomers Thin Out

The typical Realtor now has 13 years of experience, and only 11% of members have one year or less in the business, according to NAR’s latest member profile. Median 2025 transaction sides were nine, and median gross income was $59,200. Affordability was the leading client obstacle, cited by 27% of respondents. Key facts Nine sides … Read more

Florida Accounts for Five of May’s Ten Most Expensive Home Sales

Florida Accounts for Five of May's Ten Most Expensive Home Sales

Florida accounted for five of the ten highest-priced U.S. home sales in May, according to Redfin. The month’s top transaction was a $75 million Boca Raton property, followed by a $62.5 million sale in Manalapan. Half of the nation’s largest residential transactions closing in a single state is a concentration worth examining — particularly because … Read more

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 — … 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

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