The decrease comes as interest rates continue to climb, according to the Mortgage Bankers Association.
Housing inventory should reach pre-pandemic levels by the end of 2024, according to the results of Zillow’s latest Home Price Expectations Survey. More than 100 market experts and economists weighed in to predict upcoming trends.
“Buyer demand is still intense, but it’s as simple as ‘one cannot buy what is not for sale.” — National Association of REALTORS® chief economist Lawrence Yun
Affordability and supply-chain issues continued to weigh on the sales of new single-family residences.
What does the current generation of homebuyers and sellers look like? How old are they and how are they doing business? NAR has answers.
Home value appreciation was greater than median annual earnings in most U.S. metro areas in 2021, a new Zillow report found, and Boston was no exception.
Houzz, the home remodeling and design platform, has released its annual U.S. State of the Industry report which reveals a four-year high in revenue growth.
The median existing-home price for all housing types in February was $357,300, up 15% from a year before, as median prices rose in each region.
“More groundbreaking is welcome news for a supply-starved housing market.” — First American deputy chief economist Odeta Kushi
The measurement of six-month sales expectations among homebuilders took an especially negative turn in March, according to the National Association of Home Builders.