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Pending Home Sales Declined 2.3%

Pending Home Sales Declined 2.3%

by Phil Hall | Aug 18, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Pending home sales in July declined by 2.3% month-over-month and 2.2% year-over-year, according to the National Association of Realtors (NAR). Last month’s sales total was the lowest level since January. Regionally, month-over-month pending home sales declined across...
Housing Starts Plummeted in July

Housing Starts Plummeted in July

by Phil Hall | Aug 18, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Single-family housing starts in July were at a rate of 808,000, which is 9.9% below the revised June figure of 897,000, according to data from the US Census Bureau and Department of Housing and Urban Development. Privately-owned housing starts in July were at a...
Cash Purchases for Homebuying Decline Amid Stabilizing Market

Cash Purchases for Homebuying Decline Amid Stabilizing Market

by Phil Hall | Aug 18, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Cash purchases accounted for 31.4% of home sales during the first four months of 2026, down from 32.3% in the same period last year, according to data from Realtor.com. While total home sales fell 8.5% year-over-year, the number of cash sales dropped by 11.2% as the...
Utah Lawmakers Consider Overriding Local Zoning Rules to Enable Smaller Home Construction

Utah Lawmakers Consider Overriding Local Zoning Rules to Enable Smaller Home Construction

by Phil Hall | Aug 18, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Utah lawmakers are planning to introduce legislation that would override local zoning rules and allow single-family homes between 1,000 and 1,400 square feet to be built on smaller lots statewide. Building Salt Lake reports Steve Waldrip, senior advisor for housing...
Florida Home Sales Achieve 11th Straight Month of Year-Over-Year Gains

Florida Home Sales Achieve 11th Straight Month of Year-Over-Year Gains

by Phil Hall | Aug 17, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Florida recorded 23,870 closed sales of existing single-family homes during July, up 5.1% year-over-year, while existing condo-townhouse sales totaled 8,194, up 11% from July 2025. According to Florida Realtors Chief Economist Brad O’Connor, July marked the 11th...
Tri Pointe Homes to Launch Sales at New North Carolina Townhome Community

Tri Pointe Homes to Launch Sales at New North Carolina Townhome Community

by Phil Hall | Aug 17, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Tri Pointe Homes has announced that its new North Carolina townhome community, The Townes at Willow Park, will open for sales on Oct. 5. Located in Cary with access to Research Triangle Park and Raleigh-Durham International Airport, the community will feature 134...
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