Locked-In Homeowners Keep Inventory Low, Fuel Rising Prices
A new report from Redfin shows the typical U.S. home sold for $382,500 during the four weeks ending July 16, up 2.1% from a...
Housing Starts Decreased in June Despite Rising Home Builder Sentiment
Housing starts slumped in June, as builders struggled to meet rising demand for new homes in a market where existing-home sales have almost completely...
Median Home Price Nears Record High, Inventory at New Low
Despite elevated mortgage rates that have kept many homebuyers away from the market, a slight upsurge in demand coupled with a record low number...
Fannie Mae HPI: Single-Family Home Prices Keep Rising
According to Fannie Mae's latest Home Price Index (FNM-HPI) reading, single-family home prices increased 3% from the second quarter of 2022 to the second...
Redfin: Home-Sale Prices Show First YoY Upturn in Nearly Five Months
A new report from Redfin says the median U.S. home-sale price ($383,750) rose 1.5% from a year earlier during the four weeks ending July...
Home Values Hit New Peak Amid Hesitant Sellers, Eager Buyers
According to the latest Zillow Market Report, the typical home value eclipsed $350,000 for the first time ever as healthy demand from buyers continues...
CoreLogic: Home Price Growth Still Slow, Appreciation Positive
According to the CoreLogic Home Price Index and HPI Forecast for May 2023: Annual U.S. single-family home price growth slowed for the 12th straight...
Black Knight: May Record High Home Prices Indicate Market Reversal
The Data & Analytics division of Black Knight Inc. has released its latest Mortgage Monitor Report. As the nation approaches the traditional end of...
Healthy Jobs Report in June Increases Prospect of Fed Rate Hike
The U.S. economy added 209,000 jobs in June as the unemployment rate stayed flat at 3.6%, according to the U.S. Bureau of Labor Statistics.
The...
Home Prices Moderating Yet Many Markets Still Overvalued
According to a study by researchers at Florida Atlantic University (FAU) and Florida International University (FIU), even if housing prices are starting to stabilize...
Redfin: Average U.S. Home Sells Above Asking Price in June
A new report from Redfin shows the average sale-to-list price ratio of a home hit 100.1% during the four weeks ending July 2. Specifically,...
Pending Home Sales Dipped in May But Housing Market Remains Resilient
Pending home sales decreased 2.7% in May compared with April and were down 22.2% compared with May 2022, according to the National Association of...
More Home Buyers Than Sellers Keeping Market Tight
A new report from Redfin states that the typical home in the United States is selling for roughly $383,000, only about $4,000 less (-1%)...
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...