Economist Matthew Gardner joins Chicago Agent to discuss factors making waves in the national real estate climate, like the 21st Century ROAD to Housing Act, plus local themes like Chicagoland sellers regaining the upper hand.

Nationally, home-price growth topped 1% for the first time in 2026.

MRED CEO Rebecca Jensen and Compass CEO Robert Reffkin were summoned by the subcommittee to provide briefings by Aug. 5.  

“John, Sean, Andy, Lesley and Gabby are builders and operators with a track record of turning opportunity into results,” said CEO and President Chris Czarnecki. “Now, we’re putting that experience to work at greater scale.”

The findings come as Redfin partnered with The Weather Company on all for-sale listings to provide ZIP Code-level metrics to buyers.

The triennial survey of 2,000 American residents from the 50 largest metropolitan areas, the National Association of REALTORS® Community and Transportation Preference Survey, found buyers and residents prefer more housing options and communities designed for easy access.

Nationally, home sales in the 51 metro areas surveyed by REMAX showed measured growth of 8.9% month over month and 7.8% year over year, REMAX said. 

The annual and monthly declines of 0.3% and 5.4%, respectively, do not fully capture the geographic variability of market performance. 

With more than 1,200 affiliated agents, JMG reportedly generated nearly $5.9 billion in sales volume across more than 12,300 transaction sides in 2025.  

The median sales price of a home hit an all-time high of $440,600. 

Looking ahead, Cotality expects home prices to rise 4.8% between May 2026 and May 2027. 

The hearing will determine whether Zillow can continue enforcing its ban on MRED’s listing feed while its lawsuit against Compass and MRED proceeds toward trial. 

Nationally, the median list price slipped 2.4%, marking the eighth month in a row of declines. 

The bill focuses on increasing housing supply, easing development barriers, expanding financing options and supporting a wider range of housing needs across the country.

The uptick was driven by a slight dip in mortgage rates. 

S&P Dow Jones Indices noted that inflation outpaced national home-price appreciation for the 11th month in a row.