Government
Demetria C. Lester
July 17, 2026
With summer underway, Realtor.com’s June 2026 Luxury Housing Report revealed the top U.S. metros with the highest share of luxury vacation homes, as national luxury prices fell for the 27th consecutive month in June and continue to sell quickly across all price tiers.
More than 227,000 properties recorded foreclosure filings through June as foreclosure starts, completed foreclosures, and processing timelines pointed to a continued normalization of the market.
Lorie Logan pushed for “modestly” higher interest rates she said are necessary to bring inflation back to the central bank’s 2% target. She added that last week’s positive news on consumer and wholesale prices still wasn’t good enough to signal real help for U.S. households.
Chief Economist Lawrence Yun points to elevated rates and record-high prices as key drags, while CENTURY 21’s Mike Miedler argues the national number masks stronger local activity.
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