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New PCE Data Shows Inflation Inching Higher in May, Consumer Spending Dips

USA Real Estate News-RISMedia - Fri, 2025-06-27 12:27

At the latest Federal Reserve Board of Governors meeting, the board voted to keep rates unchanged. Fed Chair Jerome Powell said following the decision that the economy is on solid footing and the Fed intends to wait and see, with impacts of proposed tariffs likely to show up over the summer.  As economists wait for…

The post New PCE Data Shows Inflation Inching Higher in May, Consumer Spending Dips appeared first on RISMedia.

Compass asks judge to block Zillow’s ban on publicly marketed private listings

USA Real Estate News-Inman - Fri, 2025-06-27 11:50
In a motion filed on Friday morning, Compass said that it seeks to "dent" Zillow’s dominance in the home search space and asked the court to stop Zillow’s ban on publicly marketed private listings, which takes effect on Monday

Consumer Sentiment Beats Forecast, but Down Year-Over-Year

USA Real Estate News-RISMedia - Fri, 2025-06-27 11:06

Consumers appear to be feeling more hopeful as summer begins and tariffs remain relatively low impact at the moment, according to the latest data from the University of Michigan. The final results for the Index of Consumer Sentiment came in at 60.7, a 16% leap above May’s reading of 52.2, and slightly above the preliminary…

The post Consumer Sentiment Beats Forecast, but Down Year-Over-Year appeared first on RISMedia.

Consumers’ Sentiment Beats Forecast, Leaps 16% in June

USA Real Estate News-RISMedia - Fri, 2025-06-27 11:06

Consumers appear to be feeling more hopeful as summer begins and tariffs remain relatively low impact at the moment, according to the latest data from the University of Michigan. The final results for the Index of Consumer Sentiment came in at 60.7, a 16% leap above May’s reading of 52.2, and slightly above the preliminary…

The post Consumers’ Sentiment Beats Forecast, Leaps 16% in June appeared first on RISMedia.

Compass, Zillow, Redfin and the rest: It’s Inman’s Top 5

USA Real Estate News-Inman - Fri, 2025-06-27 08:37
Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers.
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