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The Institute’s Luxury Market Report is your guide to analyzing the trends and comparative data on the top residential markets throughout Canada and the United States.

June’s report reviews the current statistics for the luxury market in North America month over month and the 13-month trend.

Editor’s Note: This is part of a monthly video series from the National Association of REALTORS® to inform and educate members about important aspects of being a real estate professional. Watch for this series each month in RISMedia’s Daily News.

While the U.S. housing market has boomed over the past two years, client retention hasn’t, with just 12% of homeowners using the same agent again. The way people research, buy and sell homes has also changed—with many millennials buying their homes almost entirely online.

Right now, you’re probably missing out on the most significant opportunity in real estate. According to a recent report by the Urban Institute, Hispanic homebuyers are poised to become a leading force in the U.S. housing market. By 2040, it is expected that 70% of all new homebuyers will be Hispanic.

ERA® Real Estate has announced the affiliation of ERA Petkus Weiss. This Vandalia, Ohio based firm serves the Dayton Metro and Greater Miami Valley areas. A full-service company, affiliated agents assist clients with residential sales, investments, mortgage and title services.

The Biden Administration has announced through the U.S. Department of Housing and Urban Development (HUD) a first-of-its-kind package of resources to address unsheltered homelessness and homeless encampments. The package is $365 million in total, including: