The average 30-year mortgage saw its contract interest rate jump to 6.90% from 6.81% the week before, the Mortgage Bankers Association said. 

The surprisingly large decline in the pace of housing starts comes as builder sentiment remains depressed by tariff worries and high prices. 

In a statement, Redfin CEO Glenn Kelman also asked MLSs to create a “coming-soon” designation that precludes search sites from showing listing history. 

By choosing to list their homes privately, homesellers in 2023 and 2024 forwent a collective $1 billion, according to new research from Zillow.

The acquisition of the mortgage servicer comes on the heels of Rocket’s $1.75 billion deal for Redfin. 

NAR recently announced major staffing changes. These include the elimination of 41 current positions and 20 open roles as well as multiple additions to the senior leadership team.

The National Association of REALTORS’® Pending Home Sales Index rose 2% month over month in February, topping an expected 0.9% gain. 

Hispanic homeownership reached a record high of 9.8 million in 2024, marking the largest annual increase among any racial or ethnic group for the second year in a row, according to new data from NAHREP.

The new policy allows sellers to put off marketing their properties for a period of time to be determined by their local MLSs. 

Nationally, home sales were down 2.6% year over year and up 8.4% month over month, RE/MAX said. 

Indicators of homebuying demand and activity are on the rise nationwide, according to a new report from Redfin.

The median existing-home price was also on the upswing last month, providing homeowners a bit of refuge as the stock market undergoes a correction, Chief Economist Lawrence Yun said in the monthly report. 

Single women made up 20% of total homebuyers between 2023 and 2024. That’s compared to just an 8% share for single men.

The pace of new-home construction was higher than economists expected, even as homebuilders expressed concern about the impact of tariffs and supply-side challenges. 

At the same time, Asian and Hispanic homeownership increased as well.

The week’s biggest real estate winner was Redfin, which saw its stock nearly double.