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According to the latest Personal Consumption Expenditures (PCE) Price Index (one of the economy’s key inflation gauges), prices increased 2.2% in August compared to the prior year. Minus more volatile prices such as food and energy, prices increased 2.7%. Month-over-month, there was only a 0.1% increase in the price index during August. July saw a…

The post Inflation Hits Lowest Level Since 2021 appeared first on RISMedia.

With a recent interest rate decrease from the Fed and slowing inflation, consumers’ economic hopes saw a significant increase in September. Consumer sentiment rose 3.2% in September, from 67.9 in August to 70.1, according to the University of Michigan’s latest report. This is the second consecutive month of increase, following August’s rise of 1.5 points,…

The post Consumer Sentiment Turns Positive as Inflation Slows appeared first on RISMedia.

Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday afternoon. -A 2021 antitrust case against United Wholesale Mortgage (UWM) has been dismissed by a Florida federal court, as reported by National Mortgage Professional. The case had alleged that UWM and its CEO Mat Ishbia had…

The post Mortgage Mix: United Mortgage Lawsuit Dismissed as Rates Reach New Low appeared first on RISMedia.

REALTOR® Safety Month—observed every September—is a month-long campaign aimed at helping real estate professionals stay safe as they navigate situations on a daily basis that could ultimately put their safety at risk—from meeting prospective clients to showing properties in secluded or unfamiliar areas.  Underscoring the importance of keeping the conversation front and center year-round, the…

The post Shining a Light on REALTOR® Safety appeared first on RISMedia.

Douglas Elliman real estate agent and reality TV star Kendra Wilkinson has announced her return to real estate after taking a brief mental health break, "People" magazine reported on Friday.

Affordability has increased across the board in most major metro markets, according to the latest data from Realtor.com®. In its most recent report, Realtor.com showed that nationally, the average rent fell; however, the long-term trend of elevated prices continues to hold fast, as the five-year average showed that rents have increased by 20.1%, according to…

The post Rental Prices Have Grown More Affordable in Most Major Metros: Report appeared first on RISMedia.

Looking for a quick catch-up on the buzziest stories of the week? Here’s Inman Top 5, the most essential stories, according to Inman readers.

CBRE Recruits Head of Public Sector for London and South East  Newsroom

Europe’s battered landlords are preparing for a rebound  Luxembourg Times

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News | London among five European markets with strongest office rental growth  CoStar Group

The Top Real Estate Companies in Alabama  Real Estate

The U.S. Real Estate Market Needs More Fed Rate Cuts to Boost Supply and Affordability  Funds Society

Pending U.S. Home Sales Remain Relatively Flat in August  The World Property Journal

What is heirs' property? A new movement to reclaim land lost to history  USA TODAY

On the market: Historical Galesburg home built in 1894 has hosted several US presidents  Galesburg Register-Mail

Documents obtained by Inman show Anywhere shares some — but not all — of Compass' concerns with the rule while on Thursday Compass CEO Robert Reffkin reiterated his call to ditch the policy.

Compass on Thursday reiterated its call to ditch NAR's pocket listing rule. But documents newly obtained by Inman also show that Anywhere shares some of Compass' concerns.

Stabilization of Demand for Industrial Spaces in Europe: Czech Republic on the Rise  Cushman & Wakefield

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