S&P Dow Jones noted that although prices rose almost 2%, in real terms, they were down, thanks to inflation, which registered 3.4% in July. 

In a study of 182 U.S. cities, Wallethub credited the density and diversity of Miami’s restaurant scene. 

New-home inventory fell to its lowest level since December. 

The month-over-month bump in contract signings was still below the pace of last August. 

Since the Hispanic Wealth Project’s founding in 2014, Hispanic household wealth has more than tripled across the U.S.

In an analysis, WalletHub compared 182 U.S. cities and gave Miami credit for its retiree-friendly activities. 

In Miami, buyers who wait until the last week of November/the first week of December to buy stand to see 7% more active listings.

At the same time, the median-sales price rose again, as months’ supply of homes for sale hit a 10-year high. 

The increase in purchase activity offset a decrease in refinancings. 

The pace of home-price growth rose nationally but with significant regional differences.

Buyers are reportedly looking for homes that reflect how they actually live, not how they could be living.

Nationally, home sales in the 46 metro areas surveyed by REMAX rose 2.5% year over year and slipped 5.7% month over month. 

Active buyers are looking for more expensive homes, while price-constrained buyers are looking at fewer homes altogether.

Of the 50 metro areas surveyed by NAR, several stood out for year-over-year gains in contract signings. 

The move was an improvement over July, but sentiment still remained in negative territory. 

Looking ahead, Cotality expects the median price of a home to increase 1.5% through June 2027.