Housing starts fell 11.4% in March, a modest improvement from 2024, according to Census data released Thursday, with 1 economist describing the slump as 'well below consensus expectations'
Real estate-related taxes soared to an all-time high of $37B last year. That figure is expected to climb even higher to $40B in 2025, according to a REBNY report
Sales of new single-family homes hit a seasonally adjusted annual rate of 676K in February — an uptick of 5.1% — and roughly met economists' expectations, according to data released Tuesday
Privately owned housing starts rose 11.2% but still fell behind February 2024 activity, according to data released Tuesday. Single-family home construction rose 11.4% to 1.1M on a monthly basis
Fair housing violations can be avoided, trainer Rachael Hite writes, when agents focus on what matters most: giving everyone the chance to find a home of their own
Compared to December, new-home sales dropped 10.5% to a seasonally adjusted rate of 657K, according to US Census Bureau data
Multifamily housing starts fell 9.8%, reaching a seasonally adjusted rate of 1,366,000, while single-family housing starts fell 8.4% month over month, according to data released Wednesday
Agents have drawn on all their resources to play 'matchmaker' to place people who don't need to use 2nd homes with those who need housing. Results are mixed, but it's working for some
Only 32.1% of renter households currently pay less than $1,000 in monthly rent — a sharp decline from 35.2% in 2022 and 50.4% in 2012, according to an analysis from Redfin released Wednesday
Households have deferred moving, partially due to high 'hidden' homeownership costs such as property taxes, insurance and climate change, according to a report
High mortgage rates, slower homebuyer activity and weakening homebuilder sentiments created the perfect storm in June, keeping new residential construction from posting annual gains
Construction starts on new housing units dropped 5.5% to a seasonally adjusted annual rate of 1,277,000 — 19.3% lower than levels in May 2023, according to US Census data released Thursday
Author Bernice Ross and New Western's Kurt Carlton discuss how investor-led rehab can solve inventory problems by breathing new life into America’s aging and abandoned vacant homes
Newly built homes available on the market rose to 480K, representing a supply of 9.1 months at the current sales rate, up from an 8.5 month supply in March, according to US Census Bureau data
Housing starts rose to a seasonally adjusted annual rate of 1.52M in February — 10.7% higher than in January, according to data released Tuesday by the US Census Bureau