1.Home prices rising, but slowly
“Home prices are still rising, but the pace of increases is definitely slowing.”
2.Improving Economy Slowly Brightens Outlook for Commercial Real Estate
“The strong rebound in economic growth during the second quarter and ongoing job creation are gradually improving the outlook for all of the major commercial real estate sectors, according to the National Association of Realtors® quarterly commercial real estate forecast.”
3.US Home Price Gains Slow in June
“U.S. home prices increased at a slower pace in June — a cooldown that could continue for several more months.”
4.Are baby boomers holding back the housing market?
“Millennials have long been blamed for the weakness in the property market. But new research suggests that the inability of middle-aged Americans to sell their own homes is a major reason for the slow recovery.”
5.San Fernando Valley’s housing inventory continues to build
“Housing inventory surged again in July in the San Fernando Valley from a year earlier, giving a summer bump to a languishing market, a trade group said Monday.”