6 charts that illuminate the latest existing-home sales data
In a series of key charts, Aziz Sunderji of Home Economics and Mike DelPrete, a strategic adviser and global expert in real estate technology, put August existing-home sales in historical context
by Mike DelPrete Sep 27
August new-home sales plummet amid interest, affordability woes
Sales of newly built homes dropped 8.7% in August to a seasonally adjusted annual rate of 675,000
by Ben Verde Sep 26
Home prices continue to rise, with no end in sight
US home prices climbed 0.6 percent between June and July and reported an annual increase of 1 percent, erasing earlier declines
by Ben Verde Sep 26
Existing-home sales fall off 0.7% led by Southern, Western markets
Sales of existing homes slid 0.7 percent between July and August to a seasonally adjusted annual rate of 4.04 million but held steady in the Northeast and rose in the Midwest
by Ben Verde Sep 21
Homebuilder confidence tanks as mortgage rates rise
Builder sentiment for newly built single-family homes slid five points to a score of 45, the second straight month of steep decreases
by Ben Verde Sep 20
Pending sales rise at fastest clip since January as buyers shift gears
Building on upward momentum from June, pending home sales rose 0.9% in July even as analysts expressed doubt the rally would last, according to new National Association of Realtors data
by Ben Verde Aug 30
Existing-home sales fall in July as low inventory, high rates take toll
Weighed down by low inventory and high mortgage rates, existing-home sales fell in July, to 4.07M — or 16.6% lower than a year earlier, according to data from the National Association of Realtors
by Ben Verde Aug 22
Housing starts inch up in July as builders scramble to meet demand
Housing starts increased 3.9% between June and July to a seasonally adjusted annual rate of 1.45M units, according to data released Tuesday by the US Census Bureau
by Ben Verde Aug 16
New-home sales soar to 1-year high in March as purchases leap 9.6%
The strong monthly uptick in sales marked the fourth-straight month of increases as homebuyers eased back into the market and adjust to higher mortgage rates, according to new Census data
by Lillian Dickerson Apr 25
Long & Foster co-founder P. Wesley 'Wes' Foster Jr., dies at 89
The brokerage Foster co-founded with Hank Long became known as a giant independent firm across the Mid-Atlantic region, and a pioneer of the 'one-stop-shop' brokerage model
by Lillian Dickerson Mar 20
Housing inventory shoots up as homes sit longer on the market
A new report from Realtor.com shows that homes were sitting on the market for an average of 67 days in February, up from just 44 last year at the same time
by Jim Dalrymple II Mar 2
Home showings dip in December, but slowdown may be easing
Showings were way down year over year but only dipped a little bit month over month, according to a new report from ShowingTime. They remain up compared to pre-pandemic levels
by Jim Dalrymple II Feb 1
Pending sales fell in October for the fifth month in a row
Rising rates and nervous consumers have set up the housing market for its 'slowest fourth quarter in a decade,' according to one economist
by Jim Dalrymple II Dec 1
Pending home sales take nosedive in June, signaling a bleak August
Pending home sales dropped 8.6% in June, suggesting a drop in home closings just around the corner, according to figures released Wednesday by the National Association of Realtors
by Ben Verde Jul 27
Gen Z, millennials have taken over the vacation rental market
These groups make up the majority of vacation rental homebuyers at a composition of 51%, according to vacation rental management platform Vacasa's latest report