SAN ANSELMO, CALIFORNIA - NOVEMBER 30: A "sale pending" sign is posted in front of a home for sale on November 30, 2023 in San Anselmo, California. According to a report by the National Association of Realtors, pending home sales fell 1.5 percent in October to their lowest...
A pile of lumber at a home under construction at the Cold Spring Barbera Homes subdivision in Loudonville, New York, US, on Wednesday Nov. 8, 2023. Angus Mordant | Bloomberg | Getty ImagesSales of newly built homes dropped 4.7% in April compared with March, and fell a larger 7.7% from...
Homes in the Issaquah Highlands area of Issaquah, Washington, US, on Tuesday, April 16, 2024. David Ryder | Bloomberg | Getty ImagesSales of previously owned homes fell 1.9% in April from March to 4.14 million units, on a seasonally adjusted annualized basis, according to the National Association of Realtors. The...
Driven by the new work-from-home dynamic as well as by new migration patterns, rent prices were red-hot during the first years of the pandemic for both single-family and multifamily homes.Now different drivers are pushing some rents higher — and throwing cold water on others.Multifamily rents in April were 0.8%...
A Redfin sign in front of a home for sale in Atlanta, Georgia, on Sunday, Nov. 13, 2022.Elijah Nouvelage | Bloomberg | Getty ImagesStrong demand and tight supply continue to push home values higher, even though mortgage rates are now moving higher again.Home prices in February jumped 6.4% year...
Homes in Rocklin, California, on Tuesday, Dec. 6, 2022.David Paul Morris | Bloomberg | Getty ImagesThe average rate on the popular 30-year fixed mortgage crossed over 7% on April 1, according to Mortgage News Daily, and it just kept going. It now sits right around 7.5%, the highest level...
Prospective buyers attend an open house at a home for sale in Larchmont, New York, US, on Sunday, Jan. 22, 2023. Tiffany Hagler-Geard | Bloomberg | Getty ImagesSales of previously-owned homes dropped 4.3% in March compared with February, to a seasonally adjusted, annualized rate of 4.19 million units, according to...
The Spring housing market is defying expectations that prices would cool and competition would ease. Higher mortgage rates usually cool both prices and demand, as they did last year, but that's not the case now. There are still too few homes for sale because current homeowners can't afford to...
Luxury vacation home co-ownership platform Pacaso is attempting to appeal to the masses, as it grows its business during a pricey and competitive phase of the housing market.The company, which launched in 2020 with multimillion-dollar homes listed for co-ownership, is now introducing thousands more listings with share prices starting...
A "Sale Pending" sign in front of a home in Pinole, California, US, on Tuesday, Dec. 26, 2023.David Paul Morris | Bloomberg | Getty ImagesSales of existing homes surged 9.5% in February from January to 4.38 million units, on a seasonally adjusted annualized basis, according to the National Association...