The Pending Home Sales Index dropped by 5.2% in March to a reading of 78.9 — 23.2% lower than March 2022 levels, according to data released by the National Association of Realtors
Sales of existing homes fell 5.9% to a seasonally adjusted rate of 4.43M — 28.4% lower than in October 2021, according to data released Friday by the National Association of Realtors
'Inventory remains tight and prices continue to rise nationally with nearly 40% of homes still commanding the full list price,' said NAR's Chief Economist Lawrence Yun
The housing market will cool slightly in 2022, but will scorch as a multitude of buyers chase too few homes, according to economic experts who spoke with Inman
Builders kicked off construction on 129,400 new housing units in November — a half-percent increase on a month when starts typically decline, according to the US Census Bureau
Inman took a deep dive into pocket listings, which continue to polarize the real estate industry long after many thought the practice would disappear
Over the past year, homebuyer regret has reached record highs. Here are NerdWallet's tips for making sure your clients don't experience the same thing
The decline follows a record month for new home sales, when they hit a 15-year high of more than 1 million in March, according to new data from the US Census Bureau
Residential housing starts rose 19.4 percent from February to March, according to a new report from the US Census Bureau
New homes authorized by permits were up 22.5% year over year in January, according to the latest report by the US Census Bureau
The seasonally adjusted annual rate of new single-family home sales in December clocked in at 842,000, 1.6% above the revised November rate of 829,000
The sales rate of new single-family homes dropped 11% from October to November
New residential construction increased 14.2% year over year in October, marking 6 consecutive months of annual gains, according to the US Census Bureau's latest report
'Strong builder confidence and heavy buyer traffic point to further production gains in the near term,' said Chuck Fowke, chairman of the National Association of Home Builders
Sales of new single-family homes rose 13.8% year over year, according to data from the US Census Bureau and the Department of Housing and Urban Development Development