The National Association of Realtors is reporting that existing home sales dropped 2.4% in June, 2026 to a seasonally-adjusted annual rate of 4.09 million. Click here to read more.
U.S. Construction Spending Up 1.5% Year-Over-Year
The U.S. government is reporting that total construction spending in May, 2026 was at a seasonally adjusted annual rate of $2,210.2 billion, up 0.1% from April’s revised number. Click here to read more.
FHFA House Price Index Up 2% Year-Over-Year
According to the latest Federal Housing Finance Agency’s (FHFA) House Price Index (HPI), home prices dropped 0.1% in April, 2026 and were up 2% year-over-year. Click here to read more.
Federal Reserve Report Says Illegal Immigration Drove Up Housing Costs
A new report from the Federal Reserve Bank of Dallas says illegal immigration drove up housing costs. Specifically, from 2021 to early 2024, the U.S. saw a historic surge in unauthorized immigration that slowed sharply by mid-2024. Using newly available administrative data, researchers found unauthorized immigrant workers increased employment almost one-for-one without significantly lowering local wages. Click here to read more.
Wine Taxes by State – 2026
The Tax Foundation says states tax wine differently than beer and distilled spirits, typically placing it between the two based on alcohol content. However, when adjusted for alcohol content, most states still tax wine more heavily, while a few tax beer at much higher rates. Click here to read more.
When Local Meets National
On a recent episode of the AZREIA Show, host Michael Del Prete sits down with National REIA’s Kevin Coughlin to discuss the critical issues shaping the future of real estate investing across America. Click here to read more.
Could America Have Too Many Homes by 2035?
A recent article on Realtor.com says as early as 2035, housing supply could outpace demand, potentially cooling prices in fast-building markets even as shortages persist elsewhere. They say the housing market could shift from a long-standing shortage to potential oversupply over the next decade as housing demand slows. Click here to read more.
How the World Cup Affects Short Term Rental Markets
Infographic: With the World Cup concluding this weekend (the last game is scheduled for 7/19 in New Jersey), Statista says traveling to North America for the World Cup cost fans thousands of dollars once flights, lodging, food, transportation and match tickets are included. Click here to read more.
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