Despite the increased supply, home prices continued to rise. The median price of a home sold in August was $429,100, up 1.6% from August 2025.
Listing sites are littered with homes with fake fireplaces, improved views and virtual landscaping, raising false advertising concerns.
‘will have to answer for misleading consumers’
Landlords are offering renters in rent-controlled apartments tens of thousands of dollars to leave their homes. For many, it’s not enough.
International buyers purchased 67,100 properties, the second-lowest level since NAR began tracking foreign buyer activity in 2009.
The 30-year fixed-rate mortgage reached 6.66% on average Thursday.
Housing has long been the largest source of wealth for middle income families. But many renters cannot afford to buy as housing prices soar, which could fuel a generational divide.
Rent control, like every other socialist policy, has been tried and has only made problems worse, not better. Yet every generation of socialists believes socialism is the answer. Photo courtesy of StreetEasy. Published July 5, [...]