The average U.S. buyer’s agent commission rose to 2.42% in the third quarter from 2.36% a year earlier. Commissions were virtually flat from the previous quarter. Commissions were largely flat across different price tiers from the previous quarter, with the average buyer’s commission for homes under $500,000 maintaining the highest level since 2023. The average […]
U.S. investor activity was sluggish in the third quarter, with investor home purchases up 1% from a year earlier and market share rising marginally. Investor purchases are fairly flat because it’s harder to make a profit as a flipper or a landlord than it used to be; the share of investor-owned homes selling at a […]
Starter-home sales rose 4.9% year over year, increasing for the 14th consecutive month. In comparison, sales of mid-priced homes inched up 0.7%, and high-priced home sales rose 0.8%. Starter home sale prices rose 2% year over year to a median $260,000 in October. Active listings of starter homes rose 13% year over year, pushing inventory […]
Even though mortgage rates have come down from their peak, housing costs are still too high for many would-be buyers. Housing inventory is losing momentum, with growth in total supply slowing down, new listings stalling, and delistings becoming more common. The supply of U.S. homes for sale rose 5.1% year over year during the four […]
Homebuyers are getting cold feet due to high housing costs and economic uncertainty. Many are convinced they’ll be able to find a home they like better because there are so many listings on the market. Homebuyers are most likely to walk away in Texas and Florida, and least likely in Nassau County, NY and the […]
U.S. homebuyers will start to get some relief in 2026, with affordability improving as income growth outpaces home-price growth. Next year will mark the beginning of a long, slow recovery for the housing market. The Great Housing Reset will take shape in 2026. It won’t be a quick price correction, and it won’t be a […]