NAR: RE Compensation Lawsuit Far from Over
A jury found NAR and others liable in a compensation lawsuit, but the association will immediately appeal and the case probably won’t conclude for several years.
U.S. Consumers Pessimistic in Oct. – But Still Spending
The U.S. Consumer Confidence Index fell for the third month in a row to 102.6 from Sept.’s 104.3. A top concern: The rising cost of goods and services.
FHFA: Aug. Housing Prices Rose 5.6% Year-to-Year
Home prices aren’t coming down, at least not in most of the U.S. The study of Fannie/Freddie data found just 1 of 9 divisions showing “moderate weakness.”
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