Single-Family Home-Building Construction Holds at Highest Level Since August 2022
Construction spending fell in April as U.S. companies and the government scaled back projects across the country amid high interest ...
Tag: housing market data
Inflation Numbers Show Little Progress; Interest Rate Cuts May Have to Wait
The personal consumption expenditures (PCE) price index increased 0.3% in April, the Commerce Department reported on May 31, matching a ...
Study: Only 4 States Are Affordable for Typical U.S. Homebuyers
It's no question that affordability is stratified, and as such, housing markets tend to differentiate from state to state. According ...
Spring Selling Season Wilts Early as Pending Sales Plummet
According to the National Association of REALTORS®’ (NAR) latest report, pending home sales fell 7.7% in April. All four U.S. ...
Families Must Spend 38% of Their Income on Mortgage Payments, New Index States
National Association of Home Builders (NAHB) and Wells Fargo have released a new quarterly Cost of Housing Index that underscores ...
New Single-Family Sales Drop 4.7% in April; Mortgage Rates Remain High
Across the U.S., sales of single-family homes declined 4.7% to a seasonally adjusted rate of 634,000 in April, and overall ...
National Rent Prices Drop Again; Southern Metros See Greatest Savings
In April, median rent prices dropped yet again nationwide, down 0.7% for most properties, with three major metros—namely, Austin, Texas; ...
Foreclosure Starts Decline Slightly in April, While Completions Rise
A total of 31,649 properties had foreclosure filings—default notices, scheduled auctions or bank repossessions—in April 2024, according to the latest ...
Report: The Best Time to Sell is in the First Half of the Year
While the market is still unsettled—especially in regards to the currently pending NAR settlement and the changes that will bring ...
More Than 90% of Metro Areas Recorded Home Price Increases in Q1 2024
The National Association of REALTORS® (NAR) recently released data showing that nearly every metro area it tracks—93%—posted year-over-year price increases ...
HomeSmart: The Next Chapter
After spending decades shaping real estate’s first and most successful 100%-model brokerage into an industry powerhouse, HomeSmart Founder and CEO Matt Widdows is poised to storm the industry with a bold new brand, agent-first commitment and a powerhouse leadership team. Read more.
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