As inflation appears to have peaked, borrowing costs are starting to stabilize.

Douglas Elliman Realty is listing an 8,500-square-foot Las Vegas property for $11.888 million in a nod to owners Angeles Scorsetti and Steve Mason's belief in numerology. The numbers eight and nine feature prominently in the home's design.

Decision-making can be flawed if leaders fall prey to "the illusory truth effect"—believing something is true just because it has been repeated often, write Jonas De keersmaecker and Katharina Schmid from Ramon Llull University, Nadia Brashier from Purdue University and Christian Unkelbach from the University of Cologne. They offer four strategies to verify the veracity of information, including checking biases and questioning assumptions.

Home sales are increasing in many Toronto-area neighborhoods as prices decline, according to RE/MAX Canada. "For those buyers that were active in [the second-quarter], improved housing affordability due to easing prices and the threat of higher rates down the road clearly provided the impetus for many to leap into detached home ownership," said Christopher Alexander, president of RE/MAX Canada.

Navigating the short-term rental business wasn't the easiest task when real estate agent Jessica Larsen got started, but channel distribution technology helped her streamline her process and save money.

The Gravy app was created to help renters to one day own a home, says CEO Jeff Dinter, with technology to assist with saving up for a down payment and manage credit. The app includes coaching and a mortgage credit score hub.

Ken Richardson brings at-risk youths off the streets and into local gyms to teach them martial arts—and help them turn away from gang violence.

Two real estate groups have filed a lawsuit against Orange County, Fla., for putting a rent control measure on the November ballot, alleging the proposal is contrary to state law. The proposal does not include new buildings, but it might still affect development decisions, with Ric Campo, CEO of Camden Property Trust, saying, "Camden will not build in a rent-control market."

A Black family in Baltimore is suing loanDepot and 20/20 Valuations after significantly different appraisal values were provided for the same house allegedly based on whether the owner was presented as white or Black. "To be told in so many words that our presence and the life we've built in our home brings the property value down? It's an absolute gut punch," homeowner Nathan Connolly says.

Market behavior indicates that many investors believe the Federal Reserve could lower interest rates next year, but officials continue to insist the inflation fight will persist for some time into the future. Meanwhile, the size of the next hike remains uncertain, with St. Louis Fed President James Bullard leaning toward another large increase and Kansas City Fed President Esther George offering a more cautious viewpoint.