Case-Shiller: U.S. Home Prices Increased 0.5 Percent in April, Buoyed by Low Inventory
U.S. home prices increased 0.5% on an adjusted basis in April compared with March but were down 0.2% compared with April 2022, according to...
Home Price Data: Spring Still Strong with April Gains
According to the S&P CoreLogic Case-Shiller Indices, data released in April show that all 20 major metro markets again reported month-over-month price increases, with...
New Home Sales Jumped in May as Homebuilders Struggled to Bring More Inventory Online
New home sales surged in May to a seasonally adjusted annual rate of 763,000, an increase of 12.2% compared with April and up 20.0%...
Existing-Home Sales Eked Out an Increase in May Despite Low Inventory, Higher Rates
Existing-home sales edged up 0.2% in May compared with April but remained down 20.4% compared with May 2022, according to the National Association of...
Zillow: Lack of Moderately Priced Homes Central to Affordability Crisis
According to a new analysis by Zillow, a significant shortage of affordable housing options is fueling America's affordability crisis, particularly for those looking to...
Housing Starts Boomed in May as Homebuyer Demand and Builder Sentiment Continued to Rise
Housing starts in May were at a seasonally adjusted annual rate of 1.631 million, an increase of 21.7% compared with April and an increase...
Redfin: Homes on the Market 40% Less than Before Pandemic
According to a new report from Redfin, the total number of U.S. homes for sale dropped 6% from a year earlier during the four...
Home Prices Edge Higher Amid Record Low Inventory
According to Zillow’s latest report, competition among buyers over few available houses has led to a remarkably active home shopping season. However, high mortgage...
Home Equity Drops for First Time Since 2012
CoreLogic’s Homeowner Equity Report for the first quarter of 2023 shows that U.S. homeowners with mortgages (roughly 63% of all properties) saw home equity...
CoreLogic: Single-Digit Home Price Gains Persist
According to the CoreLogic Home Price Index (HPI) and HPI Forecast for April 2023, single-family home price growth nationwide rose by 2% year over...
BofA Institute: Moving Within U.S. Still on Par with Pandemic Trends
Bank of America Institute recently released an analysis that finds net flows of domestic migration (people moving within the United States) continue to follow...
U.S. Economy Added 339K Jobs in May But Unemployment Rate Increased to 3.7 Percent
The U.S. economy added 339,000 jobs in May - above expectations - while the unemployment rate increased to 3.7%, according to the U.S. Bureau...
Zillow: A Majority Support Local Homebuilding to Ease Affordability
According to new research from Zillow, a growing majority of adults support adding more homes to their neighborhoods in response to the housing affordability...
Redfin: Out-of-Town Moves Down Less than In-Town
Redfin reports that the number of Redfin.com users looking to move to a different part of the country is down 6% from a year...
Percentage of Homesellers Offering Concessions to Buyers Rises
According to a new report from Redfin, home sellers gave concessions to buyers in 42.9% of U.S. home sales during the three months ending...
Pending Home Sales Were Flat in April as Limited Inventory Continued to Halt Deals
Pending home sales were flat in April compared with March but were down 20.3% compared with April 2022, according to the National Association of...
Redfin Shows Home-Price Growth Trends Localized Since Pandemic
According to a new Redfin report, the pandemic housing market era has made home price-growth trends more local in the last year than they...
MBA: Applications for New Home Purchases Dropped 11 Percent in April
Applications for mortgages for new home purchases dropped 11% in April compared with March but were up 4.1% compared with a year ago, according...
Home-Sale Price Declines Slow in High Rate, Low Inventory Climate
According to a new report from Redfin, the median U.S. home-sale price fell 2.7% during the four weeks ending May 14, the smallest decline...
Existing-Home Sales Fell in April as Lack of Inventory Persists
Existing-home sales decreased 3.4% in April compared with March, as higher mortgage rates, high home prices and lack of inventory persisted, according to the...