Existing-Home Sales Fell 2.0% in August While Supply Reached a Decade High
NAR reported 3.98 million annualized sales and 4.9 months of inventory, the deepest supply in more than ten years.
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Top real estate stories for September 23, 2026
Rents Have Risen Seven Months Straight and Are Still Below Last Year
Mortgage Rates Jumped 19 Basis Points in a Single Week to 6.95%
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Lodging REITs Returned 42.8% in the First Half While Apartment REITs Managed 8.3%
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South Florida's Luxury Market Grew Without Cutting Prices in the Second Quarter
Keyes/Illustrated Properties data show luxury single-family sales up 20% and condo transactions up 23%, driven by buyers from New York and Illinois rather than California.
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A House With No Water Views Just Set West Palm Beach's Non-Waterfront Record
122 Bloomfield Drive sold for $15.7 million, or about $1,820 a square foot, as buyers pay coastal-adjacent prices to avoid coastal insurance costs.
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Boca Raton's Priciest Home Ever Sold Within Hours of Hitting the Market
The Dingle brothers' $75 million waterfront spec mansion at Royal Palm Yacht & Country Club more than doubled the city's previous record — set by their own 2024 land purchase.
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Aspen's Trophy Homes Are Selling for Less Than the Ask, and Fewer Are Selling at All
A Rihanna-rented Ute Avenue mansion fetched $63.5 million against a $79 million prior ask, while $10 million-plus sales in Aspen and Snowmass fell 35% year over year in August.
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Toll Brothers Signed More Contracts Than a Year Ago but Gave Up 1.7 Points of Margin
The luxury builder's July-quarter gross margin fell to 23.9% as deliveries dropped 10%, while the value of newly signed contracts rose.
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Florida’s Luxury Market Pulls Away From the National Pack
Miami and Tampa posted double-digit luxury price gains, underscoring how the high-end market can diverge by place.
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