National News

New-home sales climb in June as median price dips 

The inventory of new homes for sale surged year over year, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development.    

Matthew Gardner’s Q2 2025 market insights

Real estate economist Matthew Gardner joins Anne Hartnett to unpack the biggest housing trends from Q2 2025, including the potential impact of a new Fed chair and the future of Fannie Mae and Freddie Mac.

NAR: Existing-home sales price hits all time high in June 

At the same time, the pace of existing-home sales declined from May’s level. 

RE/MAX: Boston home sales rise year over year in June 

Nationally, home sales rose 5.7% year over year and 1.3% month over month, RE/MAX said. 

Housing starts climb 4.6% in June despite softening single-family sector 

New single-family home construction declined as builders continue to grapple with macroeconomic headwinds. 

Realtors Relief Foundation raises $500K for Texas flood aid

“Following the tragic floods in Texas, we at the National Association of REALTORS® and the Realtors Relief Foundation are heartbroken at the lives lost and the communities devastated,” said RRF President Greg Hrabcak.

MBA: Tariff worries starting to show up in mortgage app numbers 

Purchase applications slowed to their lowest level since May as economic worries dampened activity, the Mortgage Bankers Association said. 

What’s new on Zillow? 5 features that enhance the home search experience

Zillow has rolled out five new features this summer to make searching for homes easier and more efficient.

NAR’s new Market Statistics Dashboard provides local housing data to members

The National Association of REALTORS® debuted its Market Statistics Dashboard for members, which provides local housing data intended to help clients buy and sell homes.  

Fannie and Freddie now accept VantageScore 4.0 for mortgage underwriting 

The FICO alternative is expected to greatly expand the number of eligible borrowers by allowing rent and utility payments to count toward a credit score. 

NAR claims real estate wins as House passes One Big Beautiful Bill Act

The National Association of REALTORS® has claimed that the passage of the One Big Beautiful Bill Act in the House delivers significant victories for homeowners and real estate professionals.

NAR: One in five homebuyers considered their pet when choosing neighborhood

Pets aren’t just companions — they’re family. And according to a recent National Association of REALTORS® report, one in five homebuyers actively considered their pet’s needs when choosing a neighborhood.

US commissions jump to 5.44% amid cooling housing market

According to a report from Clever Real Estate, the average total commission for U.S. real estate agents is now 5.44%, a rise from 5.32% over the past year, despite the recent broker commission reforms from the National Association of REALTORS®.

NAR hails Senate passage of One Big Beautiful Bill Act 

The association said the legislation contains five of its key priorities, including a permanent extension for the mortgage-interest deduction and a temporary quadrupling of the SALT-deduction cap. 

US Conference of Mayors backs Realtor.com’s Let America Build initiative 

The organization issued a statement in support of the pro-development campaign at its annual meeting in Tampa. 

Pending-home sales rise in May as market continues ‘slow thaw’ 

May’s 1.8% monthly gain follows a 6.3% drop in April, the National Association of REALTORS® said. 

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