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"An uptick in homes with reduced prices is a small break for buyers on top of the usual seasonal factors that align to make this first week in October the best week to buy. Yet, the larger context remains challenging. Buyers still struggle with the triple threat of rising listing prices, record-high mortgage rates, and limited inventory, making affordability a continued concern," said Danielle Hale, Chief Economist for Realtor.com.

Mortgage rates rose 18 basis points week-over-week according to Freddie Mac, forced upward by the trajectory of the 10-year Treasury yield, shifts in inflation, and the labor market.

Redfin reports that the median U.S. asking rent in September was little changed from a year earlier for the sixth straight month, with a rise in the number of rentals making it harder for landlords to boost prices.

“While continued mortgage rate increases challenge affordability across U.S. housing markets, home price growth is in line with typical seasonal averages, reflecting strong demand bolstered by a healthy labor market, strong wage growth and supporting demographic trends,” said Selma Hepp, Chief Economist for CoreLogic.

A new report from NAR surveyed how real estate agents operate and assessed what lies ahead in the future. Click through to examine the findings of this study.

A recent upward trend in Treasury yields has pushed mortgage rates above the 7.5% mark, further complicating the road to affordability for many as mortgage apps have dropped 6% week-over-week.

Millions of dollars can purchase extraordinary, one-in-a-million homes. Click through to find out where the most expensive homes are located, as analyzed by Point2.

Sixty thousand home purchases fell through in August, a recent high, for reasons ranging from inflation to mortgage interest rates and evaporating work-from-home opportunities. Click through to dive into the data behind this trend.

The Department has announced more than $30 million in grants that will support fair housing education, outreach, testing, and enforcement activities.

National mortgage lender and servicing organization has established a new joint venture, lender Onward Home Mortgage, through the Newrez Ventures platform and in partnership with Keller Williams Georgia Legacy Group.