The WPJ

Top Residential Real Estate News

U.S. Pending Home Sales Remain Sluggish in June

The U.S. housing market showed further signs of sluggish momentum in June 2025, as contract signings for home purchases dipped for the second consecutive month, underscoring persistent affordability challenges and buyer hesitation in many parts of the country.

Los Angeles Area Wildfires Destroyed Nearly $52 Billion in Homes Last January

Wildfires that ravaged Pacific Palisades, Malibu and Los Angeles areas for 3 weeks last January scorched an estimated $51.7 billion in residential real estate, marking one of the most financially devastating wildfire events in U.S. urban history, according to a new analysis by Redfin.

Greater Palm Beach Area Residential Sales Slip in June Amid Growing Inventory

Palm Beach County's housing market softened in June, as total home sales fell 6% year-over-year, underscoring ongoing challenges in condo financing and shifting buyer-seller dynamics, according to new data released by the Miami Association of Realtors.

Economic Resilience Lifts U.S. Housing Outlook Going Forward

The average rate on a 30-year fixed mortgage in the United States held nearly flat this week, reflecting ongoing stability in borrowing costs amid a broadly resilient macroeconomic environment.

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