
Rental Vacancy Rose to 7.6% in the Third Quarter as Homeowner Vacancy Held Steady
New Census figures show a higher share of vacant rental housing than a year earlier, while the apparent rise in homeownership was not statistically significant.

New Census figures show a higher share of vacant rental housing than a year earlier, while the apparent rise in homeownership was not statistically significant.

Edition snapshot

Illustrative residential architecture; not a property discussed in the article.
Original Estate Wire coverage
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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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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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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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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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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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Miami and Tampa posted double-digit luxury price gains, underscoring how the high-end market can diverge by place.
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