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New Home Sales Plunged 10.5% in July

New Home Sales Plunged 10.5% in July

by Phil Hall | Aug 25, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Sales of new single-family houses in July were at a seasonally adjusted annual rate of 607,000, according to estimates from the US Census Bureau and the Department of Housing and Urban Development. This is 10.5% below the June rate of 678,000 and is 6.3% below the...
Christie’s International Real Estate Opens Abu Dhabi Agency

Christie’s International Real Estate Opens Abu Dhabi Agency

by Phil Hall | Aug 25, 2026 | Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

Christie’s International Real Estate has expanded its Middle East presence into Abu Dhabi. This marks the third location in the United Arab Emirates for the company, which has a presence in Dubai and Ra Al Khaimah. The new agency, Christie’s International...
Illinois Home Sales Up Slightly, Chicago Sales in Decline

Illinois Home Sales Up Slightly, Chicago Sales in Decline

by Phil Hall | Aug 25, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Illinois recorded a total of 13,503 homes sales (including single-family homes and condominiums) in July, a 0.8% uptick from the 13,390 sold one year before. According to data from Illinois Realtors, the 22,363 homes available for sale statewide last month were 4.7%...
CrossCountry Mortgage Completes Acquisition of Two Harbors Investment Corp.

CrossCountry Mortgage Completes Acquisition of Two Harbors Investment Corp.

by Phil Hall | Aug 25, 2026 | Current News & Events, Real Estate Investing, Real Estate News, WRE News Exclusive

CrossCountry Mortgage LLC (CCM) has completed its previously announced acquisition of Two Harbors Investment Corp. (NYSE: TWO), a mortgage servicing rights-focused real estate investment trust. Going forward, Two Harbors will become a privately held subsidiary of CCM,...
New Data Reports Highlight Continued Home Price Acceleration

New Data Reports Highlight Continued Home Price Acceleration

by Phil Hall | Aug 25, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Two new data reports have affirmed the continuation of year-over-year home price acceleration. The S&P Cotality Case-Shiller US National Home Price NSA Index reported a 1.5% annual gain in June, up from a 1.2% rise in the previous month. The 10-City Composite...
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