Market Datavs. 1 year ago
30-year mortgage6.49%▼ -0.23 pts15-year mortgage5.82%▼ -0.04 pts10-year Treasury4.54%▲ +0.20 ptsMortgage spread1.95 pts▼ -0.43 ptsMedian list price$430k▼ -2.5%List $/sqft$228▼ -2.1%Days on market53 +0 daysActive listings1.1M▲ +1.9%New listings463k▲ +2.4%Pending sales506k▲ +4.9%Housing starts1.18M▼ -8.7%Building permits1.41M▼ -0.4%New-home sales580k▼ -6.8%Existing-home sales4.09M▲ +2.8%Months of supply10.3▲ +0.6 moMortgage delinquency1.89%▲ +0.12 pts
as of Jul 2026

Cap Rates Explained: How Real Estate Investors Compare Deals

Cap rate concept with commercial building model, calculator, and income worksheet.

Cap rates are one of the most common ways real estate investors compare income-producing properties. A cap rate, short for capitalization rate, measures the relationship between a property’s income and its value or purchase price. It can help investors compare apartment buildings, retail centers, office properties, industrial buildings and other income-producing real estate. But cap … Read more