One in five reported reducing their prices in the past month to increase sales and limit contract cancellations. But a better outlook may be on the horizon, says NAR Chief Economist Lawrence Yun.

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Inflation Reduction Act leaves out tax measures that would have derailed real estate investment.

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Though weekly changes in borrowing costs are volatile, housing activity is reaching more balanced levels—which is ultimately good for buyers, says Freddie Mac’s chief economist.

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While women make up more than 60% of the real estate profession, they do not hold nearly that same level of representation in industry leadership roles.

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The average monthly mortgage payment has fallen 12% reduction in just two months as high borrowing costs moderate, says NAR Chief Economist.

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