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| PRICE TARGET: $31.70 DETAILS
HIGH: $34.00
LOW: $29.40
MEDIAN: $31.70
CONSENSUS: $31.70
UPSIDE: 22.44%

Stock News

A Shifting Housing Market Drives Down Payments to Four-Year Low

A Shifting Housing Market Drives Down Payments to Four-Year Low

After years of post-pandemic highs, the era of outsized down payments is beginning to unwind AUSTIN, Texas, May 19, 2026 /PRNewswire/ -- The typical down payment fell to $23,400 in the first quarter of 2026, the lowest level since 2021, according to the latest Realtor.com ®  Down Payment Report. That represents a 19% decline year-over-year and the fourth consecutive quarterly drop, as rising inventory and moderating prices give buyers more negotiating room and reduce the pressure to lead with an outsized down payment.

May 19, 2026 02:00 AM prnewswire.com
New Homes Save Buyers $25,000 Over Ten Years, Offsetting Higher Upfront Costs

New Homes Save Buyers $25,000 Over Ten Years, Offsetting Higher Upfront Costs

New England leads the country in new construction savings; in 16 metros, a decade of lower bills and repair costs more than covers the new construction price premium AUSTIN, Texas, May 14, 2026 /PRNewswire/ -- Realtor.com® today released new research showing that buyers of newly built homes save an average of $25,335 over the first ten years of ownership compared to buyers of 20-year-old homes. The savings are driven by lower energy bills and fewer major repairs.

May 14, 2026 02:00 AM prnewswire.com
U.S. Rents Fall for 33rd Straight Month as Surge in New Multi-family Construction Points to Continued Renter Relief

U.S. Rents Fall for 33rd Straight Month as Surge in New Multi-family Construction Points to Continued Renter Relief

The Northeast is showing the strongest construction momentum, while the West is falling behind its own historical norms AUSTIN, Texas, May 13, 2026 /PRNewswire/ -- The U.S. rental market continues to favor renters, and a new wave of supply may keep it that way. According to the Realtor.com ®  April Rental Report, the national median asking monthly rent across the 50 largest metropolitan areas fell to $1,673 in April 2026, down $29, or 1.7%, year-over-year, marking the 33rd consecutive month of annual declines for 0-2 bedroom properties.

May 13, 2026 02:00 AM prnewswire.com
Urban New Construction Is Scarce, Expensive, and in High Demand

Urban New Construction Is Scarce, Expensive, and in High Demand

Urban new builds account for just 11% of listings but carry a 78% price premium AUSTIN, Texas, May 7, 2026 /PRNewswire/ -- Realtor.com® today released its first quarter 2026 New Construction Insights Report, revealing a tale of two housing markets: an urban new construction market defined by scarcity and steep premiums, and a suburban one marked by stability and competitive pricing. The report finds that while new construction has shown remarkable resilience overall, where new homes are being built is shaping who can afford them  and how much they will pay.

May 07, 2026 02:00 AM prnewswire.com
LA Rents Fall to a Four-Year Low, But Affordability Remains Out of Reach for Many

LA Rents Fall to a Four-Year Low, But Affordability Remains Out of Reach for Many

In Realtor.com ® 's inaugural Los Angeles County rental report, a cooling market and landmark rent reform are converging, raising questions about affordability and mobility AUSTIN, Texas, April 29, 2026 /PRNewswire/ -- Los Angeles County renters are seeing rents fall to their lowest point in four years, but for many, the relief only goes so far. The median asking rent dropped to $2,520 in the first quarter of 2026, according to the Q1 2026 Los Angeles County Rental Report from Realtor.com ® , Realtor.com®'s first quarterly rental analysis dedicated to the nation's second-largest metro.

Apr 29, 2026 05:00 AM prnewswire.com
NYC Rents Hit New High as Rent Gap Between Staying and Moving Surpasses $1,750

NYC Rents Hit New High as Rent Gap Between Staying and Moving Surpasses $1,750

With a rent freeze looming for nearly one million stabilized households, a widening rent gap is turning residential mobility from a matter of preference into a financial impossibility AUSTIN, Texas, April 28, 2026 /PRNewswire/ -- New York City renters are facing a market defined by rising costs and shrinking options, as the median asking rent climbed to $3,616 in the first quarter of 2026, a 6.2% year-over-year increase, while the rent gap between what current tenants pay and what the market demands has surpassed $1,750 per month, according to the Q1 2026 NYC Rental Report from Realtor.com ® . The report underscores a city where switching apartments has become financially out of reach for most renters.

Apr 28, 2026 02:00 AM prnewswire.com

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