Demand from out-of-market buyers was especially strong in cities experiencing surges in jobs related to artificial intelligence and data center expansion.
About one in seven U.S. home sales fell through due to financial uncertainty and buyers exploring different options after signing agreements, Redfin reported.
Newly built attached homes are usually in high-cost urban markets, while single-family homes are often located in more affordable suburbs, according to Realtor.
The National Association of Realtors said adverse weather in January made it harder to determine the cause of the decline and whether it was temporary.
Affordable housing construction in the United States surged by 73 percent from 2020 to 2024 compared with the previous five years, according to RentCafe.
Demand from out-of-market buyers was especially strong in cities experiencing surges in jobs related to artificial intelligence and data center expansion.
About one in seven U.S. home sales fell through due to financial uncertainty and buyers exploring different options after signing agreements, Redfin reported.
Newly built attached homes are usually in high-cost urban markets, while single-family homes are often located in more affordable suburbs, according to Realtor.
The National Association of Realtors said adverse weather in January made it harder to determine the cause of the decline and whether it was temporary.
Affordable housing construction in the United States surged by 73 percent from 2020 to 2024 compared with the previous five years, according to RentCafe.