National News
Nationally, the United States is “appropriately supplied” with lots ready for new homes.
The reports show higher mortgage rates taking a larger share of household income while applications for new-home purchases are falling.
The increase in purchase activity offset a decrease in refinancings.
Since Gail and Dave Liniger founded the brokerage in 1973, it has expanded to over 145,000 agents operating in more than 120 countries.
Homes built in 2020 or later cost 10% to 15% less to insure per square foot than homes built between 1980 and 2010.
The pace of home-price growth rose nationally but with significant regional differences.
The updated underwriting guidelines have caused consternation among many in the housing industry.
Buyers are reportedly looking for homes that reflect how they actually live, not how they could be living.
Nationally, home sales in the 46 metro areas surveyed by REMAX rose 2.5% year over year and slipped 5.7% month over month.
Active buyers are looking for more expensive homes, while price-constrained buyers are looking at fewer homes altogether.
The move was an improvement over July, but sentiment still remained in negative territory.
Looking ahead, Cotality expects the median price of a home to increase 1.5% through June 2027.
Three years after the opening of a large center, ZIP codes retained 66% of their pre-opening active listings, compared to 43% in similar areas without a data center.
Just last month, the Subcommittee on the Administrative State, Regulatory Reform and Antitrust began looking into the relationship between Compass and MRED.
New builds are about the same price as existing homes on the market, but that is not due to rising regulatory costs builders have to pay.
Nationally, home-price growth topped 1% for the first time in 2026.
