Real Estate News Feed
Pending Home Sales Reach New High
Thu, 07 May 2026 14:47:30 GMT
U.S. pending home sales hit their highest level since September 2022 during the four weeks ending May 3. They rose 7.7% year over year on a seasonally adjusted basis.
No Cuts In Rates
Thu, 07 May 2026 14:46:54 GMT
The number of Americans filing claims for unemployment benefits rose moderately last week amid low layoffs, underscoring labor market stability and strengthening financial market expectations that the Federal Reserve will not cut interest rates this year.
Labor Productivity Rose In Q1
Thu, 07 May 2026 14:45:59 GMT
Nonfarm business sector labor productivity increased 0.8% in Q1 2026, the U.S. Bureau of Labor Statistics reported, as output increased 1.5% and hours worked increased 0.7%.
Priced Out
Wed, 06 May 2026 16:06:41 GMT
Twenty-two percent of California households could afford to buy an $843,390 median-priced home in the first quarter of 2026, up from 21 percent in fourth-quarter 2025 and up from 19 percent in first-quarter 2025.
The Hottest Neighborhoods
Wed, 06 May 2026 16:06:04 GMT
These days, homebuyers are looking for affordability, and finding it increasingly means heading to the Midwest.
Mortgage Applications Continue To Slide
Wed, 06 May 2026 16:05:29 GMT
Mortgage applications decreased 4.4 percent from one week earlier, according to data from the Mortgage Bankers Association.