More sellers are entering the market, with active sales listings hitting the highest level since March 2020.
Redfin still characterizes the current market as a buyer’s market, but no longer a ‘strengthening’ buyer’s market.
More than three-fourths of the top 50 metro areas recorded annual declines in rents, according to Realtor.com.
‘Housing is becoming more affordable; however, it’s not affordable in absolute terms,’ analyst Stephen Kates said.
What would have been Australia’s tallest building will no longer go ahead as planned.
The proposed merger would create the nation’s seventh-largest homebuilder.
Sales rebounded to a 0.2 percent increase in April from a 3.6 percent decline in March, but showed little ‘spring’ during the peak homebuying season.
The report shows that nearly 80 percent of new homes for sale are located in suburban areas, compared with more than 55 percent of existing homes.
Housing costs have come down over the past year amid a decline in mortgage rates, attracting buyers to the market.
Almost 40 percent of the cost of new multifamily home construction can be attributed to regulations, according to the HUD Secretary.
A new analysis finds that in some metros, owners can leave homes vacant for more than a decade before selling becomes cheaper.
Realtor.com attributes rising demand for such homes to higher housing and child care costs, cultural traditions, and more adapted housing stock.
The median price for new single-family homes declined more than 6 percent to $387,400, a near five-year low.
The longer a homeowner remains in the house and the faster the home values rise, the wider the property tax gaps grow, according to a new study.
Mortgage debt has been on an upward trend over the past few years, WalletHub said.
Building permits for privately owned housing units dropped by 10.8 percent from February.
The policy made new home construction ineligible for USDA or FHA-backed mortgages unless it complied with ‘burdensome’ energy conservation standards.
The national housing price index rose 0.7 percent year over year in February.
Demand for office space is rising even as office-using employment remains below 2022 levels, according to an analysis.
D.R. Horton expects its incentive levels to remain elevated and increase further.