Home price gains relaxed in April, near slowest pace in 2 years
The FHFA HPI rose 3% on an annual basis in April, while the S&P CoreLogic Case-Shiller Index posted a 2.7% annual gain
by Lillian Dickerson Jun 24
Despite weak demand, brokerages logged revenue growth this spring
The progress came even as competition for listings cooled across the country. Inman breaks down how the industry navigated the spring homebuyer season using insights powered by Market View
by Daniel Houston Jun 19
Some markets look vulnerable as home price appreciation cools
Experts polled by Fannie Mae expect national home prices to keep climbing, but see Austin, Tampa, Dallas, Denver, Houston, Miami and Phoenix as markets most likely to see price declines
by Matt Carter Jun 13
Real estate investors are unloading homes at record clip to stem losses
In 2024, investors drove 11% of all US home sales — the highest share in more than 2 decades. That translates to nearly 509,000 properties sold, according to data released Tuesday by Realtor.com
by Richelle Hammiel Jun 10
Job market is cooling, but not fast enough to alarm Fed policymakers
An estimated 7.24M Americans were unemployed in May, as hiring by private employers slowed to slowest pace since October and the federal government continued to shrink its payroll
by Matt Carter Jun 6
Despite market shift toward buyers, they're still backing away
According to Redfin's data, pending home sales dipped 0.4% year over year to the lowest May level since 2020. Part of that was attributed to sky-high costs and economic uncertainty
by Richelle Hammiel Jun 5
Record $700B worth of listings on market, but sales are sluggish
US home inventory hit a record $698B in April — a 20.3% increase from the previous year — but sales aren't keeping pace, a new analysis from Redfin shows
by Richelle Hammiel Jun 3
Most homebuyers see a recession ahead. Some are even asking for it
Nearly twice as many Realtor.com visitors say they would be more likely to buy if a recession hits compared to the share who say they'd be less likely to buy if the economy fails, new polling shows
by Matt Carter May 20
Consumer sentiment is hurting, but economy hasn't faltered
The University of Michigan Index of Consumer Sentiment slipped to 50.8 in May, its second lowest reading ever, as Americans fretted about tariffs, inflation and the job market
by Matt Carter May 16
Fed: Requiring buyer agreements has no effect on commissions
The Federal Reserve analysis found that rising home prices are likely why commission rates fell in the past 2 decades, but found no impact on rates after buyer contracts were required in 15 states
by Andrea V. Brambila May 16
Home prices kept rising in Q1 but fewer cities saw double-digit gains
Nearly 85% of all US metro areas saw year-over-year price increases for single-family existing homes, down from 89% in the final quarter of 2024, according to data released Thursday by NAR
by Richelle Hammiel May 8
A 'herky jerky' start to the spring buyer season isn't deterring agents
Economic anxiety and rising mortgage rates curbed hopes of a robust spring, but economists tell Inman a strong new-home market offers a sliver of hope that the coming months will be better
by Marian McPherson May 1
Home prices climbed in February — but the momentum is cooling
The FHFA HPI and S&P CoreLogic Case-Shiller Indices posted a 3.9% annual increase in February. While that marks another year of gains, the data shows that price growth has moderated
by Richelle Hammiel Apr 29
Fewer consumers think it's a good time to buy — or sell: Inman-Dig poll
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
by Lillian Dickerson Apr 28
Concessions surge as homesellers offer sweeter deals in sour markets
In the first quarter of the year, 44.4% of homesellers included concessions in their deals, just shy of the record 45.1% seen at the start of 2023, according to new data released Monday by Redfin
by Richelle Hammiel Apr 22