Current Market Data
Nationwide sales of new single-family homes were at a seasonally adjusted rate of 901,000, up 13.9% from last month and 36.3% higher than July 2019.
Buyers are moving from expensive coastal areas to more affordable inland areas, but the exodus from Chicago continues, according to a new report from Redfin.
New apartment construction drops 26% from last year, according to a new study.
Americans are moving to less densely populated areas as a result of the pandemic, foreshadowing a shift that could have a major impact on residential real estate sales and home prices.
All four regions in the U.S. experienced year-over-year and month-over-month growth in pending home sales, according to the National Association of Realtors.
The U.S. index reached a new record high in June as demographic and economic factors continued to push home prices upward. However, month-over-month growth is beginning to show signs of slowing.
A new report anticipates that declining consumer confidence could lead to reduced spending.
The most recent data on home sales and contract signings in Chicagoland points to a bifurcating market.
Sales of existing homes set another record in July, rising 24.7%, while median home prices surpass $300,000.
Luxury home prices listed on Redfin rose 1.2% in early summer, according to a new report.
Nationwide, the rebound is in full swing with sales experiencing their best month in the history of RE/MAX’s National Housing Report.
New housing starts numbers suggest that if you can’t buy it, then build it, according to one economist.
A new report from RCLCO says the single-family rental market is likely to be undersupplied over the next 10 years, presenting a strong opportunity for investors, builders and developers to create new rental home communities.
Borrowing money can be a tricky undertaking for first-time homebuyers, but that’s long been the case in communities of color, where disparities in lending are a reality in the industry.
Learn why the foreclosure rate is unlikely to reach the previous recession’s level, though changes in homebuying social norms are here to stay.
New listings back above pre-COVID-19 levels nationwide but still down from the previous year, according to realtor.com.