New home sales beat expectations as prices climb to historic record
Sales of new single-family homes notched a seasonally adjusted annual rate of 800,000 in September 2021, while the median sales price hit a new record of $408,800
by Lillian Dickerson Oct 26
Pending home sales beat projections following 2 months of declines: NAR
Pending home sales finally saw some positive growth in August, following two consecutive months of declines in June and July, the National Association of Realtors reported
by Lillian Dickerson Sep 29
Mortgage rates continue to flatline ahead of Fed tapering details
Mortgage rates stayed the course this week as lenders continued to monitor the Federal Reserve's tapering plans
by Daniel Houston Sep 24
Pending home sales slump for second-straight month
Pending home sales saw a slight slump in July, dropping 1.8% to a Pending Home Sales Index of 110.7, according to the National Association of Realtors' latest report
by Lillian Dickerson Aug 30
Single-family housing starts take unexpected hit in July
Despite a decline in starts, which reflected curbed confidence in June amid mellowing lumber prices, experts said gains made in permit applications were a positive sign
by Lillian Dickerson Aug 18
End of foreclosure moratorium could help ease strain on inventory
Home equity and job growth are expected to hold the levee against a tidal wave of pandemic-triggered foreclosures
by Libertina Brandt Aug 2
New home sales plunge to 14-month low in June
New residential sales declined 19.4% from June 2020, according to the US Census Bureau's latest report on Monday.
by Marian McPherson Jul 26
New single-family housing starts ramp up 6% in June: Census Bureau
The increase in housing starts is a welcome gift, but experts say builders aren't yet betting recent improvements in materials costs are here to stay for the long term
by Lillian Dickerson Jul 20
Asian American homeownership is still lagging: Report
Asian American homeownership rates lag in numerous major cities, including New York, Los Angeles and Boston, according to the Asian Real Estate Association of America
by Jim Dalrymple II Jun 30
The Inman Handbook on existing-home sales
3 leading economists share what existing-home sales reveal about the market and how to properly use statistics to make client decisions
by Marian McPherson Jun 3
Home prices skyrocketed in March, notching biggest gain since 2005
Home prices rose 13.2%, according to the S&P/Case-Shiller US National Home Price Index
Rising construction costs curbed homebuilders' pace in April
The rising cost of lumber and appliances slowed the momentum of single-family building permits, starts and completions in April
by Marian McPherson May 18
Bubble trouble: Is the market on a collision course with disaster?
Soaring home prices have fueled talk of a bubble. Economists, however, think a gradual slowdown is more likely than a sudden pop
by Jim Dalrymple II May 3
Housing market insanity leaves homeownership rate unchanged
However, the homeownership rate for Black Americans is up year over year in the first quarter of 2021
by Kelsey Ramírez Apr 27
A look at 2020: A year of reckoning for housing policy and equality
From eviction bans to redlining, zoning reform and the NAR Code of Ethics update, 2020 has been a year of reckoning on real estate's checkered past
by Marian McPherson Dec 31