Privately owned housing starts dropped 14.7% in March, the largest monthly decline since the onset of the COVID-19 pandemic in April 2020.
The post New-Home Construction in March Plunges Unexpectedly in Troubling Sign for Homebuyers appeared first on Real Estate News & Insights | realtor.com®.
Pending home sales data for last month show monthly gains in the Midwest and South and a pullback in the higher-priced Northeast and West.
The post Pending Home Sales Surge in the Midwest, but Slump in Pricier Regions appeared first on Real Estate News & Insights | realtor.com®.
The housing market isn’t off to a good start this year. The number of homes that are under contract fell in January, says a recent report.
The post The Housing Market’s Unhappy New Year: Fewer Homes Go Under Contract as Mortgage Rates Rise appeared first on Real Estate News & Insights | realtor.com®.
Housing market saw above-average price gains despite rising cost of mortgage financing, Case-Shiller says.
The post Home Prices Hit a New All-Time High in December, Says Case-Shiller appeared first on Real Estate News & Insights | realtor.com®.
U.S. new-home sales rose 1.5% to an annual rate of 661,000 in January, from a revised 651,000 in the prior month.
The post Sales of New Homes Tick Up in January appeared first on Real Estate News & Insights | realtor.com®.
The median price for an existing home in January rose 5.1% to $379,100, compared with the same month a year earlier.
The post Home Sales Rose in January Despite Record-High Prices, as Buyers Seized on Lower Rates appeared first on Real Estate News & Insights | realtor.com®.
Construction of new homes fell 4.3% in December, as home builders scaled back new projects.
The post Housing Starts Fall in December as Builders Scale Back on Single-Family Homes appeared first on Real Estate News & Insights | realtor.com®.
Home sales fell in October to a fresh 13-year low as high interest rates and home prices continued to pummel the housing market.
The post Home Sales Fell to a New 13-Year Low in October appeared first on Real Estate News & Insights | realtor.com®.
Housing starts rose to a 1.37 million annual pace from 1.35 million in October, the government said Friday.
The post U.S. Housing Starts Rise ‘Unexpectedly’ for the Second Straight Month appeared first on Real Estate News & Insights | realtor.com®.
Nykia Wright has been named interim CEO for the National Association of Realtors® (NAR), effective Nov. 20.
The post NAR names Nykia Wright interim CEO, replacing retiring Bob Goldberg appeared first on Atlanta Agent Magazine.