The sale of new homes dipped in March with builder confidence diminishing, as builders continued to struggle to complete homes under construction due to a shortage of materials.
Read More »Gain in March Housing Starts Driven by Uptick in Construction
Led by a double-digit gain in multifamily activity, housing permits rose 0.4% from February, and were 6.7% higher year-over-year.
Read More »Florida Metros Among Fastest-Growing Rental Markets
According to the latest Monthly Rental Report from Realtor.com, rental prices grew nationwide by nearly 20% from March 2020 to 2022 during the pandemic. Two-year rental trends indicate some redistribution of higher rents across the 50 largest markets during COVID, ...
Read More »Survey: Majority of Potential Sellers Plan to List by Summer’s End
As part of “Listapalooza,” Realtor.com has released a slew of new data showing that potential sellers should think about preparing their home to sell now, during the time leading up to the traditional market frenzy that occurs starting in late ...
Read More »Median Home Listing Price Balloons to $405k
Another day, another housing record broken. Realtor.com has released new information showing that home prices have hit another record high—$405,000—for the first time in March 2022. But as prices rise, demand is beginning to moderate according to Realtor.com. In addition ...
Read More »Housing Market Kicks Off 2022 on a High Note
The latest S&P CoreLogic Case-Shiller Index Report shows annual home price gains in January of nearly 20%, marking the fourth-largest reading in 35 years.
Read More »Low Home Inventory Spurs Drop in February’s Pending Sales
Despite intense buyer demand, February marked the fourth consecutive month of declines seen in overall pending home sales nationwide.
Read More »Federal Reserve Increases Interest Rates
The Federal Reserve raised the nominal interest rate on Wednesday, for the first time since 2018, citing factors such as surging inflation and the growing military conflict in Ukraine.
Read More »Renting More Affordable in Half of Largest Metros
In January, the monthly cost of buying was 24.8% higher than the cost of renting for consumers in 24 of the nation's 50 largest markets.
Read More »Marriage Is No Longer a Prerequisite for Buying a Home
Once considered something of a prerequisite for buying a home, more couples are forgoing marriage and choosing to buy a house as partners instead of husband and wife. This new survey—conducted by market research and consulting firm HarrisX for Realtor.com—aims ...
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