Current Market Data
If household income growth slows and house prices continue to rise, even today’s record-low mortgage rates may not keep homes in an affordable range, according to a new report.
Contract activity surged 44.3% in May, the biggest gain on record, as homebuyers rushed back to the market after lockdowns.
A new report reveals the improvements that homeowners and renters say add the most to the overall price of a home.
Smart-home technology is the new luxury amenity, according to a new report.
As pent-up demand hits the post-lockdown market, a new report from Zillow predicts its days-to-pending metric will eventually match or beat its record low.
People of color may be particularly impacted by COVID-19 due to a higher incidence of multifamily living, according to a new report.
Closed sales are still down from last year, pushing the spring market into summer, according to Massachusetts Association of Realtors.
Recent homebuyers more likely to experience stress, concerns over affording mortgage, according to new survey.
Despite record-breaking unemployment, sales of newly built single-family homes rose in May, as builders rushed to meet pent-up demand and flight to suburbs.
While existing-home sales were down again, the National Association of Realtors predicts a post-lockdown boom that will surpass 2019 sales figures.
Roughly 2.7 million U.S. adults moved in with a parent or grandparent in March and April as the coronavirus pandemic spread, potentially costing landlords hundreds of millions of dollars in monthly rent payments and casting doubt on the future of young workers in particular.
Although the single-digit decline from the previous month nationally is good news, home sales still lagged May of 2019 by 33.7%.
May applications for new home purchases were up 26% from April, pointing to a recovery that’s already underway.
In a sign of continued forward momentum, builder sentiment jumped 21 points in June and single-family permits posted an 11.9% gain in May, although activity in the Northwest was not as robust.
The war is on in Boston for homes on the market.
Nationwide, home flippers saw a 36.7% return on their investment in the first quarter of 2020.
