Real estate
Mortgage refinance demand plunges 21%, as interest rates hit 3-week high
A brief roller coaster ride for mortgage rates caused yet another swing in demand. After dropping to a three-year low two weeks ago, rates then shot right back up again. As a result, total mortgage application volume dropped 12.7% last week compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. […]
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FTC sues Zillow and Redfin, alleging antitrust violation in online rental listings
The stock market graphic of Zillow Group is displayed on a smartphone with the logo of Zillow in the background on Feb. 21, 2021. Sopa Images | Lightrocket | Getty Images The Federal Trade Commission is suing real estate giants Zillow and Redfin, alleging the two illegally conspired to reduce competition in the online multifamily […]
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How this $130 billion energy management company is fueling Nvidia’s infrastructure growth
A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight to your inbox. Despite its name, […]
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Existing home sales stall in August amid higher mortgage rates
A sold sign is posted in front of a home for sale on Aug. 27, 2025 in San Francisco, California. Justin Sullivan | Getty Images Sales of previously owned homes were essentially flat in August, coming in 4 million units on a seasonally adjusted, annualized basis, according to the National Association of Realtors. That is […]
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Office investor demand was way up in the first half of 2025, according to exclusive JLL data
Working late, office buildings, Financial District, London. Travelpix Ltd | Stone | Getty Images A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and […]
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New home sales soar 20% in August to a three-year high
Sales of newly built homes rose a much larger-than-expected 20.5% in August compared with July to the highest level since January 2022, according to the U.S. Census. It is also the largest one-month gain since August 2022. Sales were 15.4% higher than August 2024. This count is based on people out shopping in August and […]
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Single-family rent growth is starting to show new weakness
A “For Rent” sign in front of a building in the Capitol Hill neighborhood of Washington, DC, US, on Tuesday, Aug. 12, 2025. Al Drago | Bloomberg | Getty Images A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the […]
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Mortgage rates drop to 3-year low ahead of Fed meeting
Mortgage rates dropped sharply Tuesday, as investors in mortgage-backed bonds seemed to buy in ahead of a widely expected rate cut by the Federal Reserve. The average rate on the 30-year fixed mortgage dropped 12 basis points from Monday to 6.13%, according to Mortgage News Daily. That is the lowest level since late 2022. “The […]
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Walker & Dunlop CEO says investors need clarity on who decides the fate of Fannie and Freddie
A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight to your inbox. The annual Zelman […]
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Pending home sales tick lower in July as canceled contracts spike
Signed contracts to buy existing homes, known as pending sales, were weaker in July compared with June, and were canceled at the highest rate since at least 2017. The monthly pending home sales index from the National Association of Realtors dropped 0.4% in July from June, but was still 0.7% higher from July of last […]
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