Industry News
Home Prices Drop in 33 Major Metros—and Pandemic-Era Boomtowns and Coastal Cities Take the Biggest Hit
The national market is gradually tilting in favor of buyers with home prices dropping in a staggering 33 of the 50 biggest metros. Leading the pack are pandemic-era boomtowns and popular coastal destinations. Economists at Realtor.com® have found that the number of...
Delistings Surge Nearly 50% as Sellers Who Can’t Get Their Price Quit the Market in Frustration
After failing to find a buyer at the price they think they deserve, more home sellers are pulling their listings off the market altogether. Delisting's jumped 47% nationally in May from a year earlier, in a sign that sellers would increasingly rather wait than...
Pending Home Sales Tick Up in May
What the May pending home sales data shows Pending home sales ticked up in May, against a backdrop of softening list prices and increased seller price cuts. Pending sales, or contract signings, increased 1.8% compared with last month and 1.1% on a year-over-year...
Mortgage Applications Today: Mortgage Rate Decline Drives Second Week of Rising Home Loans
Mortgage applications increased for a second straight week—up 2.7% for the week ending June 27, 2025, according to the Mortgage Bankers Association (MBA). The increase comes as mortgage interest rates have continued in a downward direction with the average 30-year...
Mixed Multifamily Permitting Trends Could Signal Beginning of New Supply Cycle
The multifamily sector could be on the cusp of a new supply cycle following a two-year period of slower permitting across the country. Most multifamily markets hit permitting peaks in the first quarter of 2023, according to a RealPage analysis. Meanwhile, some like...
CRE Shows First Signs of Stress From Tariff Uncertainty
Worries have been swirling around the commercial real estate sector as tariff increases and global uncertainty loom, but so far, the data has painted a mixed picture of their direct impact. Despite major players like Blackstone acknowledging that tariffs have...
Multifamily Investment Poised for a Comeback
A new report from multifamily investment firm Gray Capital, “The Multifamily Window: Why 2025 Could Be the Best Buy Opportunity in Years,” outlines why the upcoming year could be a prime time to invest in apartment assets. With apartment demand and household...
Good News for Homebuyers—It’s a Friendlier Market as Sellers Get Ready for Spring
The much anticipated spring selling season is a few weeks away, and signs point to a friendlier market for homebuyers. The share of consumers saying that now is a good time to buy was the highest in over a year, but still only at 24%. Meanwhile, the share of those...
Homebuyers Face Less Stress as More Listings Hit the Market
It’s spring home selling season, and there’s good news for buyers who may feel less pressure to commit to a home on the spot as more listing options are available. The Realtor.com® weekly housing data showed that listing prices flattened even as new listings and...
Federal Workers Fired by Elon Musk’s DOGE Live in These Cities: Here’s How the Housing Market Is Responding
A month into the unbridled cost-cutting campaign led by Elon Musk's Department of Government Efficiency, which has left thousands of federal employees jobless, the Washington, DC, housing market remains on solid footing, but experts are warning that might soon change....