U.S. Housing Prices Down in July

U.S. home prices fell 0.1% in July but rose 2.3% year over year. In the South Atlantic division, prices were flat monthly, up 0.8% annually.

Home Repair, Remodeling Costs Outpace Inflation

Costs for home repairs and remodeling rose 3.4% year-over-year in Q2, driven mainly by labor costs, surpassing overall inflation.

What to Know About a Government Shutdown

NAR identified eight programs that could be affected if Congress misses the Sept. 30 deadline, including home loans, flood insurance and housing services.

Market Optimism Persists on Higher Rates

Mortgage rates rose last week despite the interest rate cut, but experts remain optimistic as more inventory and strong markets could boost home sales soon.