Nearly 40% of homebuilders cut prices in June, the highest portion since the National Association of Home Builders began tracking the cuts. A decline in single-family starts is projected this year
A new report from Zillow shows that luxury home values rose 2.7% over the past year, with the typical luxury home now valued at around $1.8M
Metro areas with the greatest gains in inventory are those that continued to build during and shortly after the COVID-19 pandemic, while those that did not still lag behind pre-pandemic levels
Even with more inventory entering the market, homebuyers are struggling with elevated mortgage rates, NAR Chief Economist Lawrence Yun said, leading to fewer signed contracts
Rapid fluctuations in tariff policies have the economy and the stock market in a volatile state, which is weighing heavily on consumers, the April Inman-Dig Insights consumer survey shows
Existing-home sales dropped by 5.9% from February and by 2.4% from March 2024 as homebuyers continued to deal with affordability challenges, said NAR Chief Economist Lawrence Yun
The surge in sales was a welcome positive sign during a tenuous period for the US economy. However, high prices and high mortgage rates continue to curb homebuyers, new HUD data shows
The FHFA Housing Price Index posted a 4.8% annual growth rate while the S&P CoreLogic Case-Shiller Indices showed a slightly lower increase of 4.1%, according to new data released Tuesday
The value of America's nearly 100 million homes hit $49.7T at the end of 2024, as the combined net worth of the wealthiest 1% of Americans hit a record $49.2T, according to a Redfin analysis
Since 2020, US home values have risen by 45.3%, meaning more than 10 years of typical home value growth has been packed into a 5-year period, a new report from Zillow shows
Vacant lot listings that have hit the market in the past few weeks are often receiving dozens of inquiries. As of Monday, about 2 dozen lots had been listed, an analysis of Zillow listings indicates
Early signs suggest consumers may be feeling more hopeful about prices and mortgage rates, and increasingly see 2025 as a good time to buy, new Inman-Dig Insights consumer polling shows
Prices increased in 61% and median prices were up by 10% annually in half of the Zones studied, tracking at a similar pace as typical properties outside of areas benefitting from tax subsidies
Cheap rates on existing loans are holding well-off homeowners in place. But others insist they're unable to buy at today's high prices — whether rates come down or not, Intel survey data suggests
This year has been tough on real estate. But investors think several major companies have done enough to boost their standing — and box out key competitors
The nation's real gross domestic product grew at an annual rate of 2.8% in the third quarter of the year. But with falling sales and tapering price growth, agents could be forgiven for feeling left out