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Mortgage rates shifted slightly upward this week due to elevated inflation, and the hope for relief may be further delayed, according to the latest data from Freddie Mac. The latest Primary Mortgage Market Survey® saw the 30-year fixed rate mortgage (FRM) average 6.49%, up from 6.43% last week when it was at the lowest level…

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The higher hopes for existing-home sales in June unfortunately were not met as the National Association of Realtors® (NAR) reported a decrease. However, not all hope is lost as several indicators in NAR’s data remain positive, and economists say there is still potential for a better path ahead. NAR’s Existing-Home Sales report saw sales fall…

The post Existing-Home Sales Fall Short of Expectations in June, But Positive Indicators Remain appeared first on RISMedia.

NBIM outsources management of London and Paris office holdings  Private Equity Real Estate | PERE

US existing home sales unexpectedly fall in June  The Journal Record

The Century 21 CEO talks AI, leadership and what it takes to find success in a complex market, whether you're an agent or a client.

Pittsburgh one of the best cities for young homebuyers, study finds  USA Today

The number of accidental landlords is on the rise, RentRedi's Ryan Barone writes. Here's how to help your seller clients make the transition successfully.

Existing-home sales fell 2.4 percent in June as prices hit a record $440,600, NAR reports. Redfin data shows pending sales already rebounding on a brief rate dip.

Zillow has launched Zillow Pro℠, its premium membership for real estate agents that provides exclusive tools built to help create more personalized client experiences. Through the new membership, agents are able to invite buyers and sellers into their network to collaborate with them on Zillow, giving agents visibility into their Zillow activity and tools to…

The post Agents Gain Visibility Into Consumer Activity Through New Zillow Pro Membership appeared first on RISMedia.

What is Andy Burnham’s property tax idea — and will it hit your home?  The Times

REG - BlackRock Group Schroder Real Estate LondonMetric - Form 8.3 - LondonMetric & Schroder Real Estate  TradingView

US home prices hit an all-time high as sales slow and mortgage rates rise  WTOP

How London's housing market is being hollowed out by ultra-rich foreign investors  My London

How Southern Europe’s energy supply could help boost the competitiveness of its real estate market  Savills

Stanhope appointed to manage Norges’ £4bn London and Paris office portfolio  building.co.uk

The platform bundles Follow Up Boss, My Agent and Agent Profiles with Zillow exclusive data and AI features.

M&G’s European Property Fund makes €73m German serviced apartment debut  IPE Real Assets

Losing bidders sue to overturn Springfield courthouse award, citing MCCA director’s involvement  The Boston Globe

Vonovia SE updates investors on portfolio strategy as Europe housing demand stays firm  AD HOC NEWS

Vonovia SE updates investors on portfolio strategy as Europe housing demand stays firm  Ad-hoc-news.de