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Housing and Consumers
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Long Island housing prices drop from peak summer levels
7+ hour, 47+ min ago (118+ words) Oct 15, 2026, 5:11 PM The median sale price of homes in both Nassau and Suffolk counties dipped in September from the highs reached in August. In Nassau County, the median sale price fell to $860,000 in September 2026, down from $911,000 in August, but still…...
Sellers outnumbered buyers in US by 62.6% in…
29+ min ago (40+ words) An estimated 1.51 million sellers outnumbered 928,892 buyers by 62.6%, up from a revised 56.9% gap in August, real estate brokerage Redfin said in a new report. The number of buyers fell 2.4% from August, marking its fifth consecutive…...
It’s a great time to buy a house — if you can stomach a 7% rate
2+ day, 16+ hour ago (888+ words) By Rachel Lerman THE WASHINGTON POST Buying a house has gotten a lot easier – though pricier. The days of fighting multiple offers and waiving house inspections to even have a shot of buying a home are over in many parts…...
Philadelphia Area Home Sales Drop 7% as Inventory Climbs
2+ hour, 13+ min ago (752+ words) PHILADELPHIA, PA — Home sales in the Philadelphia metropolitan area fell 7% in September from a year earlier despite a 7.3% increase in available properties, according to Zillow’s latest housing market report, signaling weakening buyer demand as elevated mortgage rates continue to constrain affordability....
Condo maintenance fees are up and it’s scaring away buyers, realtors say
3+ hour, 9+ min ago (800+ words) Toronto fees for a one-bedroom have gone up 3.7% in a year, according to real estate platform Wahi. Nominal fees could mean a condo building doesn’t have enough in its reserve fund to cover unforeseen repairs, experts say. Though condo prices…...
Commentary on Monthly New Home Sales for September 2026
1+ hour, 12+ min ago (552+ words) Developer sales gained some momentum in September following a two-year low monthly sale in August. October 16, 2026 -- Developer sales gained some momentum in September following a two-year low monthly sale in August. 296 new private homes were sold, up 93.5% m-o-m from the…...
Pre-tariff import surge drives GDP contraction in the US in Q1
1+ hour, 13+ min ago (229+ words) Advance estimates show the US economy contracted at an annualised rate of 0.3% in Q1 2025 –unwelcome news following President Trump’s 100-day milestone yesterday. The contraction was driven primarily by a surge in imports, which rose over 40% on the quarter ahead of the…...
Housing demand finds a new home in rentals, up 19.2% (September Rent Report)
1+ day, 9+ min ago (487+ words) As elevated borrowing costs push up a buyer’s monthly payment, more shoppers are choosing to rent. Written by Kara Ng on October 15, 2026 Housing demand doesn’t disappear when buying becomes harder financially. Instead, it finds a new home in the rental…...
A cap on minimum lot sizes could help Illinois housing affordability
2+ hour, 5+ min ago (360+ words) Housing for sale in the state remains far below pre-pandemic levels. A bill that would limit minimum lot-size requirements for detached homes could help Illinois homebuyers facing higher prices and fewer choices. Minimum lot size mandates are a major barrier…...
Home investors face a bifurcated market as rates hit 7.4%
6+ hour, 20+ min ago (847+ words) The U.S. housing market sent a sharp signal to home investors this week: the for-sale side is stalling, and the rental side is accelerating. Three new data releases, from Redfin, Zillow, and Realtor.com, paint a consistent and consequential picture for…...