Existing-home sales inch up in November after 5-month decline
Sales of existing single-family homes edged up 0.8% between October and November, and more gains are expected as interest rates settle
by Ben Verde Dec 20
Builder sentiment improves on heels of falling mortgage rates
Builder confidence in the market for single-family homes rose 3 points to a score of 37 during December, the first monthly improvement since August
by Ben Verde Dec 18
Pending home sales fall to lowest level in more than 20 years
Pending sales fell 1.5% month over month in October to a reading of 71.4, the lowest score recorded since the Pending Home Sales Index began publishing in 2001
by Ben Verde Nov 30
'The new norm is tough': Ivy Zelman on the future of the housing market
In her Inman Connect conversation, Ivy Zelman said she doesn't see the a repeat of 2008, but she also doesn't expect the market to get easier for anyone anytime soon
by Ben Verde Nov 1
Pending home sales surge in a September surprise
The Pending Home Sales Index, representing the number of homes that went under contract, rose 1.1% between September and August
by Ben Verde Oct 26
Existing-home sales droop as mortgage rates hit 20-year highs
Home sales fell 2% between August and September and retreated 15.4% from a year ago as prices and interest rates climbed
by Ben Verde Oct 19
Housing starts tally 'unexpected' uptick amid rising mortgage rates
New housing starts increased 7% in September to a seasonally adjusted rate of 1.36M, or 7.2% below the levels seen in September 2022, according to Census Bureau data released Wednesday
by Ben Verde Oct 18
Seasonal price changes show signs of life as rents drop in September
After coming within $2 of a historical high record during August, the national median rent price dropped 2.02% last month
by Ben Verde Oct 17
What’s ahead economically for Q4 2023 and into 2024 and 2025?
Opinion
Trainer and coach Bernice Ross talks to chairman and founder of Williston Financial Group, Patrick Stone, about what's next for the economy, both in the short and long terms
by Bernice Ross Oct 16
Pending home sales nosedive in August as interest rates soar
The Pending Home Sales Index dipped 7.1% to a measure of 71.8 between July and August, according to data from the National Association of Realtors
by Ben Verde Sep 28
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
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