The WPJ

Top Residential Real Estate News

U.S. Housing Market Slips in June as Prices Hit New Highs

Existing-home sales in the U.S. declined 2.7% month-over-month in June 2025, as persistently high borrowing costs and a constrained inventory environment continued to dampen market momentum.

Florida, California Continue to Reign Supreme as America's Ultraluxury Housing Markets

According to new Redfin research, a beachfront compound in Naples, Florida has set the high-water mark for U.S. residential real estate this year, selling for a record $133 million in April 2025.

Caribbean Housing Market Evolves into Global Second-Home Hotspot

The Caribbean, long celebrated for its turquoise waters and postcard-perfect beaches, is undergoing a quiet transformation--from a vacationer's paradise into one of the world's most in-demand second-home markets. A surge of affluent buyers seeking turnkey luxury, branded living, and eco-conscious design is reshaping the region's real estate landscape.

U.S. Home Sales See Highest June Cancellation Rate on Record

The U.S. housing market is experiencing a sharp uptick in home sale cancellations, with nearly 15% of all contracts signed in June falling through -- the highest share for any June since at least 2017, according to new data released by Redfin.

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