REALTORS & HOMEBUILDERS

Contract signings on new single-family homes increased 0.6% to an annualized rate of 627,000 last month, according to government data released Thursday.

Choppy market conditions, including mortgage rates which remain elevated, had an impact on profitability at four of the nation's homebuilders in the quarter.

Real estate agents add that they are integrating AI in their daily work, with many using it for marketing and communications.

A labor shortage is costing the market tens of thousands of new homes per year, and tariff uncertainty is adding thousands of dollars in expenses per unit.

The market for buy-before-you-sell financing Flyhomes helped pioneer has developed to include new entrants, but it also is seeing sluggish buyer demand.

Despite the average windfall for homeowners, some feel like they missed a prime selling window, and buyers must still overcome steep unaffordability.

Home sellers, no longer required to pay the buyer's representative after major rule changes last year, are still covering the costs as concessions.

Confidence among US homebuilders fell to the lowest level since December 2022 in June, with potential buyers deterred by high mortgage rates and anxiety about tariffs and the economy. 

Housing permits fell for the fourth consecutive month as builders pull back on construction amid high costs and uncertain demand.

A survey from Redfin reveals that Americans are unsure about how President Trump's policies will affect home prices.