Home Sales Process Is Under Threat From $1.8 Billion US Verdict

It was a bombshell verdict that reverberated in the stock market and put the rules for how US homes are sold on shaky ground: A jury in Missouri found Tuesday that the National Association of Realtors and others colluded to keep real estate agent commissions high.

NAR has promised to appeal. But at a time when the housing market is mostly frozen — battered by a shortage of available homes and surging mortgage rates — the decision puts the real estate industry under unprecedented scrutiny.

Read more: US Realtors’ Lucrative Fee System Faces Mounting Antitrust Risk

A larger class-action lawsuit ...