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
Five years after the arrival of COVID in the US, 94% of Gen Z and 86% of millennial first-time homesellers say they regret their pandemic-era purchase, according to an analysis by Opendoor
In the first 8 months of 2024, only 25 out of every 1,000 US homes changed ownership, marking the lowest housing turnover rate since 1994, according to an analysis by Redfin released Monday
Median prices of single-family homes and condos are now less affordable than historical averages in 63% of counties, up from 54% one year ago, according to a new report
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