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Names to Note: October 2025

Image Each month, Nareit highlights recent executive career moves, board changes, and other notable individual achievements and developments within the REIT and publicly listed real estate...

Luxury Home Segment Defies U.S. Market Slowdown

Enjoying Record High Prices as Cash Buyers Dominate Luxury home prices across the United States surged to record highs in September 2025, underscoring the widening divide between the high-end market and the rest of the housing sector. The median price of a U.S. luxury home reached $1.26 million, up 4.8% from a year earlier and marking the highest level ever for the month, according to a new report from...

Mortgage spreads hit lowest level in years, keeping rates near 6%

The unsung hero of the housing market in 2025 has been the improvement in mortgage spreads, because without the spreads improving as much as they have, mortgage rates would not have gotten near 6% this year. I forecast that mortgage spreads should improve by 0.27%-0.41% this year, from a 2.54% average in 2024, giving mortgage rates a better chance to move down toward the bottom end of my mortgage-rate...

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