Tag Archives: Markets & Economy

Rising construction costs curbed homebuilders’ pace in April

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The rising cost of lumber and appliances slowed the momentum of single-family building permits, starts and completions in April. Continue reading →

Airbnb faces Q1 loss of $1B

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Despite continuing to suffer losses in the wake of the pandemic, Airbnb’s CEO Brian Chesky expressed optimism about an upcoming summer full of pent-up travel demand. Continue reading →

Manchin to Realtors: Bipartisanship is built on personal relationships

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U.S. Sen. Joe Manchin, a Democrat, and Shelley Moore Capito, a Republican, discussed making deals across the aisle at the National Association of Realtors’ midyear conference. Continue reading →

The catch-22 behind Compass’ path to profitability

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Leading industry analysts shared with Inman their evaluations of Compass’ earnings and how the path to profitability could impact agents. Continue reading →

NAR: Housing market is ‘topping out’ due to inventory shortage

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Lawrence Yun, chief economist for NAR, reports that the GDP is back to its pre-pandemic peak, consumers are ready to spend their stimulus checks and single-family housing starts are ramping up. Continue reading →

Fathom Realty sees jump in revenue, agent count and transactions in Q1

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The company, which went public last year, pulled in $49.6 million between January and March — a 72 percent increase year over year. Continue reading →