
US Home Sales Plunge as Market Faces 'New Housing Crisis'
Sales of existing US homes fell by a sharp 8.4% in January, the largest monthly drop in years, prompting economists to warn of a 'new housing crisis'.
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Sales of existing US homes fell by a sharp 8.4% in January, the largest monthly drop in years, prompting economists to warn of a 'new housing crisis'.

A landmark legal ruling has upended the real estate industry, giving home buyers significant new power to negotiate agent commissions ahead of the spring season.

Pending home sales in the U.S. dropped sharply by 9.3% in December, reversing recent positive trends and raising questions about the market's direction.

Four Arizona MLS organizations have launched a major data-sharing agreement, providing shared listing access to approximately 11,700 real estate agents.

The U.S. real estate industry is navigating unprecedented legal turmoil, with a major settlement by the National Association of Realtors set to reshape agent commissions and industry practices.

A high-stakes legal dispute over data licensing fees between CoStar Group and a CRMLS-backed company has been swiftly settled, averting a major data cutoff.

Despite a potentially improving housing market, the real estate industry faces an internal crisis of relevance, forcing companies to scale up and adapt to new technology or risk being left behind.

A lawsuit from a California Regional MLS venture against CoStar's Homes.com threatens a major data cutoff, while Florida MLSs form a massive data-sharing alliance.

A landmark lawsuit against the National Association of Realtors has led to significant changes in U.S. real estate commission rules, impacting how agents are paid. New regulations mandate upfront disc

A federal jury ordered the National Association of Realtors to pay nearly $1.8 billion in damages after finding the group liable for conspiring to inflate commission rates.

NAR Chief Economist Lawrence Yun forecasts a gradual recovery for the U.S. housing market in 2025, driven by lower mortgage rates and increased inventory.

The U.S. real estate sector faces major legal challenges, including a discrimination lawsuit against Zillow and a new antitrust case targeting the NAR.