Even the luxury real estate market is slowing down

New listings and pending sales both fall as luxury homes face financial volatility
Freddie Mac mortgage rates survey offers glimmer of hope

Rates fell for the first time in three weeks
April home prices grew at the slowest pace in over a decade

Florida and Texas have seen their housing markets cool considerably
Disappointing May jobs report puts more pressure on the Federal Reserve

A slowing employment market puts Trump and Powell at odds over monetary policy
‘Stale’ housing inventory signals shift to a buyer’s market

There are $330 billion worth of homes that have been on the market at least 60 days: Redfin
The removal of office space will outpace construction this year: CBRE

An estimated 23.3 million square feet of office space will be converted or demolished in 2025
OECD forecasts sharp contraction of U.S. economy due to tariffs

The intergovernmental organization issued a stark warning to global economies
New and existing home prices aren’t that far apart: NAHB

The price gap between new and used housing stock has narrowed dramatically since 2010
April construction spending dips, with residential projects seeing the steepest decline

While public construction projects ramped up last month, private sector spending fell 0.7%
The South is now the most populous region in the U.S., but all parts aren’t equal

The region is booming, but Florida and other pockets are suffering growing pains