CoStar revenue rises to new heights in latest earnings report

The company pulled in $499 million in revenue during the third quarter of this year. That’s a 17 percent jump compared to last year at the same time. Continue reading

Why now is the time to prepare for a market cool down

Inman Connect speakers offer tips on how to prepare for the unexpected at a time when everybody is still focusing on rising home prices. Continue reading

New home sales beat expectations as prices climb to historic record

Sales of new single-family homes notched a seasonally adjusted annual rate of 800,000 in September 2021, while the median sales price hit a new record of $408,800. Continue reading

Rent growth catching up to home price increases in major cities

In 2021, East Coast rents made steady gains while West Coast rents remained stilted — until recently, a new report released Tuesday from Zumper reveals. Continue reading

US home price growth continued to sizzle in August: Case-Shiller

The S&P/Case-Shiller U.S. National Home Price Index remained virtually unchanged since July, when gains rose 19.7 percent while continuing a 15-month streak of upward growth. Continue reading

Annual home price gains may have peaked for now, FHFA data suggests

Home prices inched up 1 percent in August from the previous month and soared 18.5 percent year over year, but annual gains may be slowing, according to the Federal Housing Finance Agency. Continue reading

Wealth, taxes and politics: The Las Vegas housing market’s wild ride

Home values in the gambler’s paradise recently eclipsed records from the 2006 housing bubble. As Inman Connect Las Vegas kicks into gear, agents describe a remarkable run. Continue reading

Rates for 30-year mortgages reach highest point since early spring

Mortgage rates continued their month-long rise in mid-October as buyers and sellers navigated unusual market conditions. Continue reading

WeWork finally goes public, stock jumps on 1st day of trading

At long last, WeWork made its stock market debut Thursday, two years after it tried and failed to first hold an initial public offering. Continue reading

Existing-home sales rebound in September after August dip: NAR

Existing-home sales made a rebound in September following a dip in sales in August, NAR reported. All four major U.S. regions saw an increase in sales from the previous month. Continue reading