IE Business Daily Business news for the Inland Empire.
The median monthly home payment rose 1.4 percent nationwide during the four weeks that ended June 28, the first year-over-year increase in that category since October, according to a report.
Based on a 6.5 percent mortgage payment, the median monthly house payment at the end of June was $2,633, Seattle-based Redfin reported.
Pending home sales were up two percent compared with the end of June 2025 and 0.4 compared with the previous four weeks.
Those numbers are seasonally adjusted.
Listings of homes for sale – 358,736 – were up 1.7 percent from one year earlier and up 1.1 percent from the previous month.
The median sale price – $404,838 – rose 2.5 percent, a record high, according to Redfin, a technology-driven real estate company with a much-visited real estate brokerage website.
