A report from Metrowest Daily News. "There appears to be a shift taking place in the residential real estate market — one that may, finally, give buyers some leverage. 'We’re observing a nuanced real estate market across Massachusetts,' said Chuck Silverston, who works in the Brookline office of Gibson Sotheby’s International Realty. But Silverston nevertheless conceded that 'we are noticing longer days on market and softer pricing in specific segments, especially where inventory has surged, or pricing is ambitious.' In other words, it’s not a broad-based oversupply; rather, it’s an imbalance in specific pockets, he said. 'It seems to be more common in luxury suburbs like Weston, Dover, parts of Newton and Brookline, where high-end condos are lingering longer, and in more remote or exurban towns without strong transit access,' Silverston said."

"'There's more inventory to choose from, increased negotiation windows and even seller concessions in some cases,' he said. 'Well priced, updated homes in prime locations still move quickly, but the days of blanket bidding wars are fading — particularly at the top of the market.'"

A press release. "The Northern Virginia housing market in May 2025 continued its transition toward more balanced conditions, with increased inventory and longer time on market giving buyers some needed breathing room, according to the Northern Virginia Association of Realtors® (NVAR). NVAR Board Member Christina Rice, Pearson Smith Realty, observed that while the market is more measured, it's also more complex. 'This is a more nuanced environment, which can be both challenging and empowering,' said Rice. 'Buyers may have more leverage, but affordability remains a concern for many. Sellers are still in a good position but may need to adjust expectations on timing and pricing. It's not an easy market — it's a smarter one.'"

WTSP in Florida. "'It has absolutely shifted to a buyer’s market, which means house hunters have a lot more options—and room to negotiate,' Tim Harper, a Redfin Premier real estate agent in Daytona Beach, said in the report. 'It’s not uncommon for a buyer to get a home for 5% less than the list price and $10,000 in seller concessions. That’s why it’s important for sellers to make sure their home is in tip-top shape. We’re frequently recommending sellers do a lot of cosmetic repairs and maintenance to get buyers’ attention and stand out from the crowd. And of course, don’t overprice.'"

Bay News 9 in Florida. "A recent downpour has South Tampa residents concerned about drainage issues. Some say they experienced flooding similar to what they endured during Hurricane Milton, but this time it was caused by rainfall that lasted only half an hour. With his shovel and tree trimmer, James Adair is taking matters into his own hands. He’s been clearing out storm drains and debris around them so that excess rainwater won’t flood his neighborhood. Adair is one of several South Tampa homeowners who were flooded out of their homes during Hurricane Milton. According to Tampa’s Communications Director, the city experienced 2.3 inches of rain in just 30 minutes, surpassing the capacity of any stormwater system. Adair says he’s doing everything to protect his home and community. 'I don’t really care to be wet again. I just put $100,000 back into my house and I’d really like to not move back out of it for another eight months if we flood again,' he said."

ABC 15 in Arizona. "Real estate data shows buyers might be in power in the Phoenix metro’s housing market. However, sellers and realtors say, costs are still keeping buyers away. May data from Phoenix realtors shows nearly 50% more homes are for sale compared to May last year. 'Who's really doing well right now are new home builders. Their sales are up because they're offering interest rate buy-downs,' said REV Residential Broker Butch Leiber. 'So, a savvy seller, instead of dropping their price, will offer that same money to a buyer to help buy down the interest rate, which makes their house more affordable.' Darwin Fisk’s 3,000-square-foot home in the Encanto neighborhood has been up for sale since January. 'It's a little slice of paradise,' Fisk said. 'There are no buyers, and it makes sense to me, because of the way the market overall is doing.' Fisk plans to move back into the home and wait for a better time to sell, if offers don’t come soon."

From KUTV. "Right now in Utah there are currently 18,349 homes for sale in Utah according to Redfin. The median list price is 599.900, and the average price per square foot is $240. Realtor Kelsey Earl says she sees some competition and she is keeping an eye on pricing and making sure the home is in good condition. 'Pricing under market value is making us stand out more,' she said. 'I feel like with the cost of getting into a new home already, buyers are less interested in a fixer upper so new carpet, new paint refreshing the front lawn, all goes a long way.'"

Bisnow on California. "A renaissance in downtown Oakland remains largely stalled after the pandemic emptied the area’s businesses, but northeast of the central business district, another submarket is blossoming. At the end of the first quarter, office vacancy rates in downtown remained nearly twice as high as in uptown, reflecting a growing divide between the submarkets. Direct vacancy downtown is 32%, nearly double uptown’s 18%. Downtown saw negative 15K SF absorption, while uptown clocked positive absorption of 43K SF, according to a report by Avison Young. Depressed activity downtown and the perception of crime in the area often act as a deterrent for companies considering a move. 'We’ll have brokers who are about to close a deal, touring a client, and something will happen on the street nearby and tenants will reconsider,' said Avison Young Market Intelligence Analyst Howard Huang, highlighting the tangible impacts public safety issues cause."

Canadian Mortgage Trends. "Toronto and Vancouver’s condo markets are under growing pressure, with new CMHC data showing steep sales declines, rising inventories and increasing financial stress among investors, conditions could drag on future housing supply. According to CMHC, condominium apartment sales in Toronto have fallen 75% since 2022, while Vancouver saw a 37% drop as of Q1 2025. Meanwhile, inventories have ballooned. In Toronto, the months of supply for pre-construction condos surged to 58 months in Q1—14 times higher than in 2022. Vancouver is facing similar, albeit less extreme, challenges. Condo resale prices have slipped 13.4% in Toronto and 2.7% in Vancouver since 2022, erasing some of the double-digit gains seen during the pandemic housing boom. For investors who bought pre-construction units expecting continued growth, this has translated into potential capital losses of up to 6% on 2024 purchases in Toronto, the agency noted. As resale values dip below purchase prices, securing financing at closing has also become more difficult. These challenges have led to a wave of cancellations, with the number of cancelled condo units up five-fold in Toronto and 10-fold in Vancouver from 2022 to 2024. While some developers have pivoted to purpose-built rental projects, others have shelved plans entirely."

The Globe and Mail. "Steel and aluminum tariffs just doubled, oil prices have hovered near multiyear lows and Canada’s auto sector faces an existential threat. With so much going wrong, the economy could use a quick fix to stimulate some growth. The problem: The sector that Canadian policy makers often turn to for a sugar high, housing, has only the faintest heartbeat. 'Nothing’s coming through,' Toronto-Dominion Bank chief economist Beata Caranci said in a recent interview with The Globe and Mail. 'Even with 100 basis points of cuts, sales are going in reverse.'"

"For years, houses were treated like investable assets, akin to stocks, and conversations about the market often revolved around what prices meant for buyers and sellers. There was very little talk about how vital the sector had become to the economy. But in the midst of a trade war, the sector’s systemic role is coming to light. As home prices and rents exploded, housing became our economy’s secret weapon. 'The housing market has always been Canada’s go-to when you want to stoke growth,' Ms. Caranci said. Higher prices generated more sales, which led to more purchases of housing furnishings and more renovations. 'You would get this 1, 2, 3 economic push,' she said."

"The trouble isn’t simply that fewer people are buying homes, subduing growth. A weak housing market could actually make GDP shrink. If house prices keep falling, the 1,2,3 push works in the other direction, becoming a pain that compounds. It’s a challenging environment, and it’ll be tough for housing to cushion the trade war pain in the same way that it offset economic trauma early in the COVID-19 pandemic. In 2021, when Canada endured rolling lockdowns and curfews, residential investment jumped to roughly 10 per cent of GDP. If there’s a silver lining in any of this, it’s that not having the housing sugar high to juice growth this time might help in the long run. The housing sector’s reliability masked so many problems, which meant Canada did not have to come to grips with some structural problems."

"'Our exports have been subpar,' Charles St-Arnaud, chief economist at Alberta Central, said in an interview. 'Business investment has been subpar.' In other words, Canada shifted more investment into houses and not into the broader economy, which would have created better-paying jobs. Pivoting away from a housing addiction is like turning an oil tanker around in the open ocean. But he’s encouraged that we finally have political capital to make tough decisions, such as dropping interprovincial trade barriers. 'Donald Trump is probably a blessing in disguise,' Mr. St-Arnaud said."