Fed changes already underway as Kevin Warsh embraces top role
Though the Fed held short-term interest rates steady at its June meeting, several officials now anticipate at least one rate hike before the end of the year.
June 17, 2026
Dave Gallagher
Director, News Reporting
Dave's journalism career spans 24 years covering business, the economy and real estate in Northwest Washington. He's also a numbers nerd, examining data to spot emerging trends in industries. Having started his career as a sports writer, he's a lifelong baseball and soccer fan and recently discovered pickleball. He grew up in Yosemite National Park and earned his journalism degree at Humboldt State University in northern California.
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- ‘Buyer rush’ pushed pending sales up across the US in MayPending home sales beat expectations for the month, rising 3.8% since April even as mortgage rates hovered around 6.5% and inflation hit a three-year high.June 17, 2026
- Home construction ‘plunge’ may not tell the whole storyHousing starts were way down in May but could just signal a correction after an unexpectedly strong early spring. Still, builder sentiment continues to slide.June 16, 2026
- Will ‘regime change’ at the Fed involve less data-sharing?While new Federal Reserve Chair Kevin Warsh might not be able to push for rate cuts right now, he may shift how the Fed handles forecasts and communications.June 15, 2026
- Spring homebuying season winds down with no sign of a rallyPending sales remain sluggish as mortgage rates tick back up, but for buyers who are ready to commit, “the door is open” to negotiate favorable terms.June 11, 2026
- 1 in 2 home shoppers open to buying without human helpA majority of prospective buyers also said that they would trust AI-provided mortgage assistance, according to a new survey from Veterans United Home Loans.June 11, 2026
- Mortgage rates hold steady as inflation hits 3-year highWhile energy prices pushed overall inflation up to 4.2% in May, core inflation was lower than expected, possibly staving off a near-term rate hike by the Fed.June 10, 2026
- Zillow rival asks judge to deny injunction in MRED listings battleCoStar, which operates competing portal Homes.com, filed a brief on Wednesday saying the court shouldn’t reward Zillow’s “own anticompetitive conduct.”June 10, 2026
- Existing home sales rose in May, but momentum may not lastSale closings likely benefitted from an earlier drop in mortgage rates. With rates back on the rise, the coming months may be slow for existing home sales.June 9, 2026
- Housing market improvements stall compared to 2025 gainsMay data shows an uptick in existing home sales as pending sales stay flat — signs that buyers and sellers have little momentum this spring homebuying season.June 8, 2026
- Compass reportedly facing antitrust scrutiny in NYThe state Attorney General’s office is gathering information about Compass’ market share in NYC following its acquisition of Anywhere, The Real Deal reported.June 3, 2026
- Housing inventory lagging for first time in 4 yearsThe market has about 1% less inventory now than a year ago, Compass’ chief economist said. If the trend continues, buyers may see prices start to rise again.June 2, 2026
- Existing home prices outpace new homes for 4th straight quarterThe quirky trend can be explained in part by the flexibility of home builders as they navigate higher material costs and persistent economic uncertainty.May 29, 2026
- NAR throws its support behind MLSs in statement to fedsThe MLS is pro-consumer, NAR told the DOJ and FTC, and requested guidance on how to promote cooperation without "facilitating coordination among competitors."May 28, 2026
- Homebuyer ‘malaise’ evident as sales, applications fallWith mortgage rates still elevated, pending and new home sales — along with mortgage applications — have all trended down as affordability weakens.May 28, 2026
- Housing market won’t be affordable for at least 7 years: ReportShifts in household incomes, home prices and mortgage rates will be key to housing affordability improvements in the next decade, according to Oxford Economics.May 27, 2026
- Data offers ‘credible signal’ of returning homebuyer demandContract signings remain sluggish compared to pre-pandemic norms, but new data suggests 2026 has shown improvement over the past few spring homebuying seasons.May 23, 2026
- Rates up, sales down as ‘housing market tug of war’ continuesPending sales and purchase applications fell this week as average mortgage rates topped 6.5%, narrowing “the pool of buyers who can make the numbers work.”May 21, 2026
- Builders lack ‘conviction’ amid high costs, consumer cautionThough construction activity in April was mixed, recent data indicates home builders are being cautious about the types of projects they’re willing to take on.May 21, 2026
- Zillow responds to FTC claims as antitrust case moves forwardNow that its motion to dismiss the case has been denied, the home search giant has issued a response to the federal agency’s antitrust allegations.May 20, 2026
