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  • ‘Housing market is no longer moving in one direction’ says Cotality Chief Economist

    ‘Housing market is no longer moving in one direction’ says Cotality Chief Economist

    On Aug. 10, 2026, Cotality released its August 2026 U.S. home insights price report. According to the report, the Midwest and Northeast markets are still seeing firm price growth. Illinois is at a 6.4% year-over-year increase (YoY), followed by Connecticut at 6%, Nebraska at 5.8% and Indiana, also at 5.8%. National home price growth remains modest but shows signs of acceleration, edging up 0.3% month-over-month and 1.2% year-over-year in June 2026.

    “As long as mortgage rates stay consistently high, factors such as local job and income growth, migration patterns and specific industrial investments will influence the real estate market,” said Dr. Selma Hepp, Chief Economist at Cotality.

    Cotality also found that major industrial and tech investments are driving sharp local growth spikes-highlighted by Abilene, Texas, at +9.5% YoY, where AI data centers insulated the metro from broader statewide housing declines.

    “Cities like Abilene demonstrate that even in a cooling state like Texas, targeted capital projects can generate localized demand shocks that completely contradict regional trends,” said Hepp.

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  • Mattamy Homes announces delivery of 150,000 homes

    Mattamy Homes announces delivery of 150,000 homes

    Mattamy Homes, a privately held homebuilder founded in 1978, announced that it has delivered over 150,000 homes in the U.S. and Canada.

    The builder delivered 8,453 homes in FY 2025, compared to 50,000 homes in its first 30 years of business.

    In 2026, the builder appears to be accelerating its land acquisition, with new developments announced in Arizona, Florida and Calgary, in the past two months.

    “This milestone reflects the consistency and dedication of our team members across the US,” said Keith Bass, CEO of Mattamy Homes US. “Every home we deliver represents a family we have the privilege to serve. As we continue to grow, our focus remains on building high-quality homes and communities that meet the needs of today’s buyers.”

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  • Mortgage rates average 6.69%

    Mortgage rates average 6.69%

    As of Aug. 6, 2026, mortgage rates averaged 6.69%, according to Freddie Mac’s Primary Mortgage Survey (PMS). These results are up from last week’s average of 6.66%. A year ago at this time, the 30-year FRM averaged 6.63%.

    “The 30-year fixed-rate mortgage averaged 6.69% this week,” said Sam Khater, Freddie Mac’s Chief Economist. “While mortgage rates continue to influence affordability, the housing market is showing signs of adjustment, with listing prices modestly below year-ago levels and for-sale inventory improving from the limited supply seen in recent years.”

    The 15-year FRM averaged 6.01%, down from the previous week’s 6.04%. A year ago at this time, the 15-year FRM averaged 5.75%.

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  • PulteGroup launches expansion to Northwest Florida

    PulteGroup launches expansion to Northwest Florida

    PulteGroup, one of the nation’s largest builders, announced expansion to Northwest Florida, launching its Panhandle Division.

    The builder, which delivered an estimated 29,572 homes in 2025, has a long history in the Sunshine State. It first expanded to Sarasota in 1997, then acquired Florida-based builder DiVosta a year later.

    PulteGroup announced Taylor Larza to lead the new division as Vice President and Market Manager.

    “The opportunity to build a new division from the ground up is an exciting challenge and a tremendous honor,” said Larza. “I’m eager to help establish a strong foundation for our Panhandle Division while continuing to work closely with our Northeast Florida team, which will continue to support our operational functions as we develop. I’m grateful for the experiences, relationships, and support I’ve received throughout my career at PulteGroup, and I look forward to this next chapter of growth and opportunity.”

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Exclusive Feature >

  • Mortgage demand moderates in July

    Mortgage demand moderates in July

    Recent analysis from the National Association of Home Builders (NAHB) of the Mortgage Bankers Association’s (MBA) Market Composite Index shows that…

    by

    Sofia Feeney

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