US Existing-Home Sales Dip in June as Mortgage Rates Hold Near 6.5%
Median price hits record $440,600 while inventory growth slows and buyers remain selective
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Median price hits record $440,600 while inventory growth slows and buyers remain selective
30-year fixed rate holds at 6.49%, housing starts plunge to May 2020 lows, but existing-home sales surprise to the upside
Median sale price tops $400,000 for the first time; Fed expected to hold rates steady this week; housing starts cool
Listing prices fell 2.4% in May, the steepest decline since 2017, yet pending sales rose for the sixth straight month as buyers respond to lower asking prices
Mortgage rates hover near yearly highs above 6.4%, yet buyer demand persists. A weekly US real-estate recap for the week ending May 31, 2026
Record unsold inventory of 83,000+ apartments, hidden discounts of up to NIS 700K, and a contractor crisis that keeps accelerating, the official data tells only half the story
A sharp jump in borrowing costs breaks weeks of rising buyer activity; builder sentiment edges up but remains deeply pessimistic
This week's X discussion focused on pro-building legislation, real estate tokenization unlocking trillions in equity, and growing AI adoption in mortgage lending, without fresh hard data on rates or inventory