The median asking rent in June dropped by 0.5% year-over-year to $1,642, according to data from Redfin. This marked the fourth straight month of annual declines. On a month-over-month basis, asking rents rose 0.6%. June’s median asking rent is $63 below the $1,705...
Mortgage application activity shot up like a firework during the week ending July 4, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 9.4% on a seasonally...
The housing market is witnessing both a rise in active inventory and a simultaneous increase in the number of homes being pulled off the market. According to the Realtor.com June Housing Trends report, the active inventory soared 28.1% year-over-year to over 1 million...
The media giant Gannett Co. Inc. (NYSE: GCI) announced a multi-year agreement with AddressUSA to power an online real estate portal across the USA Today Network. AddressUSA’s listings will be integrated throughout the USA Today Network alongside editorial content...
Fewer Canadians are venturing south in search of American residential properties, according to a new data report from Redfin. The number of Canadian Redfin.com users searching for homes in the US on Redfin.com was down 26.4% year-over-year in May. The decline took an...
MBA Cuts 2026 and 2027 Mortgage Origination Forecasts as Rates Stay Elevate…
