Real Estate News 05/13/2026

Mortgage rates are rising again, reaching their highest level in five weeks, but homebuyers continue to stay active in the market. Buyer demand remains steady as many consumers adapt to today’s higher-rate environment. Despite ongoing economic uncertainty, confidence in homeownership is still pushing buyers forward. The housing market continues to show resilience as activity holds strong this spring.

In The News:

CNBC – “Mortgage rates move to highest level in 5 weeks, but homebuyers shake it off“(05-13-2026)

"Mortgage rates may be climbing again, but homebuyers are still entering the market with confidence”

CNBC– “The wealthy keep buying Manhattan real estate despite potential pied-à-terre tax“(05-11-2026)

“Manhattan’s luxury real estate market remains strong despite concerns over New York’s proposed pied-à-terre tax..”

The Epoch Times – “Multi-Generational Households on the Rise, With California Leading the Way, Report Finds” (05-12-2026)

“Multi-generational homes are on the rise as families adapt to today’s housing market. Higher home prices, cultural traditions, and shared living expenses are driving demand across the U.S..”

NAR Realtor –“Home Sales Barely Move as Inventory Constraints Persist” (05-11-2026)

“Existing-home sales remained nearly flat this spring as limited inventory continues to challenge the housing market.”

The Epoch Times – “Home Builder Sentiment Slides Amid Economic Instability“(04-16-2026)

"Economic instability is putting pressure on the housing market as builder sentiment drops to its lowest level since 2025.”