Housing year-over-year comps need context for the rest of 2026
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EXCL: Tarek and Heather El Moussa Relist Beach Rental With $7.5K Price Cut
HGTV stars Tarek El Moussa and his wife, Heather El Moussa, have relisted their Newport Beach, CA, property on the rental market—this time trimming back their asking price by $7,500. Tarek, 45, and Heather, 38, purchased the coastal dwelling back in August 2020 for $3.1 million, according to records, and quickly set about renovating the property in order…
European shares close mixed; US tech stocks lags
European shares are closing mixed on Monday, with Spain’s Ibex (+0.69%) and UK FTSE 100 (+0.35%) leading the gains while France, and Italy lagged. The broader European market was little changed as investors continued to monitor geopolitical developments surrounding Iran and the potential for additional U.S. sanctions. European closing levels: German DAX, -0.07% at 26,118.98…
India’s top developers bet on ₹1.82 lakh cr sales in FY27 despite headwinds | Personal Finance
The combined pre-sales of 11 leading listed residential developers in India are projected to rise to ₹1.82 lakh crore in FY27 from ₹1.49 lakh crore in FY26, marking a 22.3% increase, according to an analysis by ANAROCK Research of investor presentations. The projected growth comes despite higher property prices, elevated construction costs…
Lawsuits Accuses California Cities of Evading Mandates To Build More Housing
Pro-housing groups have filed a set of lawsuits accusing three California cities of unfairly blocking more housing development near transit. The lawsuits from the nonprofit Californians for Homeownership accuse San Diego, San Francisco, and Montebello of putting up barriers that contravene Senate Bill 79, the state’s law pushing dense residential development near transit. The group,…
Toll Brothers rises as luxury buyers weather housing slowdown
Toll Brothers Inc. shares rose the most since June after the luxury homebuilder said its affluent customer base remains financially resilient and has helped bolster the company’s business even in a challenging environment for the US housing market. Processing Content For the three months through July, Toll reported a 5% increase in signed contracts from…
RFA mortgage originations rise 35% to $3.5 billion in first half
RFA’s mortgage originations rose 35% year over year to $3.5 billion in the first half of 2026, including approximately $2.1 billion in the second quarter. The company reported quarterly revenue of $94.9 million, up 60.6% from $59.1 million a year earlier. Net income reached $7.2 million, compared with a $23.5-million loss, while adjusted net income…
