

Pending home sales fell 7.3% in September 2026, reaching their lowest index reading since the National Association of Realtors began tracking contracts in 2001. The nationwide slowdown unfolded as mortgage rates climbed, even as more homes became available. The latest figures show where demand weakened and how the changes affect buyers and sellers. Key Takeaways Pending home sales declined 7.3% from August and 11.3% from September 2025, bringing the national index to a record-low 66.0 The West experienced the steepest monthly decrease at 9.2%, followed by the South at 8.2% The average 30-year fixed mortgage rate rose from 6.71% on September 3 to 7.40% on October 15 Active U.S. home listings increased 5.4% annually, while 20.8% of listed properties had price reductions Completed existing-home sales increased 1.5% in September despite the decline in newly signed contracts The decline was considerably steeper than economists expected. Analysts surveyed by Reuters had forecast
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CoStar’s August 2026 data showed divergent movements across U.S. commercial property segments, with general commercial prices rising while investment-grade values declined. The report also projected

Homebuyers are gaining negotiating power as more properties enter the U.S. market and sellers become more open to concessions. Yet borrowing costs remain a major

Starter-priced homes represented 36.2% of active U.S. housing listings in August 2026, down from 38.1% in August 2019, according to Realtor.com Economic Research. Over the

Manhattan recorded 10.06 million square feet of office leasing since July, with third-quarter activity running 19.2% above its 10-year average, according to Colliers data reported

Austin’s office market is drawing greater attention to mixed-use redevelopment as elevated vacancy affects traditional office properties. Office vacancy stood at about 25.8% in the

Home Shopper Interest rose 21.4% year over year in the second quarter of 2026, reaching 4.8 engaged shoppers per U.S. listing on Zillow. The increase

Eli Lilly has begun construction on a $6.5 billion pharmaceutical manufacturing facility in Houston’s Generation Park. The project will occupy 236 acres and include at

The average U.S. 30-year fixed mortgage rate reached 6.95% for the week ending September 17, according to Freddie Mac, up from 6.76% a week earlier.

U.S. commercial property developers and owners are facing higher construction and operating expenses after nonresidential construction inputs rose 8.9% year over year in August. Multifamily

Data center real estate demand is expanding beyond specialized facilities as construction activity increases across the United States. CoStar reported that data center-adjacent occupiers accounted

The National Association of Realtors has introduced a quarterly Commercial Real Estate Demand Index covering 306 U.S. metropolitan areas. The index measures local employment, population

Portman has secured construction financing for Gateway 1960, a 714,233-square-foot speculative industrial campus in Houston. The project will include three warehouse facilities at North Houston

New York City’s Second-Home Tax is adding a new annual cost for certain high-value residences beginning with the 2026-27 property-tax year. With roughly 17,000 owners

The former Pinarama Bowling Center in South Tampa has been sold for $3.2 million to Indraplace Tampa LLC. The transaction transfers ownership of the longtime

A Rodeway Inn property in Sun City Center has been sold for $6.5 million, marking a commercial real estate transaction that exceeded its 2018 sale

A new CNBC housing market survey found that more U.S. real estate agents are describing their local markets as balanced rather than favoring sellers. The

Office REIT funds are receiving renewed attention from market observers as investors evaluate commercial real estate investment trusts beyond the fast-growing data center segment. Recent

Commercial mortgage-backed securities data for September showed a decline in the overall delinquency rate but an increase in loans that were 30 days overdue. Office properties accounted for the

13.9 million homes occupied by baby boomers and the Silent Generation could be released from older owner-occupancy between 2026 and 2036. The projection points to a gradual shift in

U.S. commercial and multifamily mortgage debt increased by $42.9 billion in the second quarter of 2026, bringing the total outstanding balance to approximately $5.1 trillion, according to the Mortgage
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