Housing

The US year-over-year housing prices decreased in February for the first time in more than a decade. Realtors say buyers should strike quickly while prices are lower.

Sales of previously owned homes rose 14.5% in February from the prior month as mortgage rates fell, according to the National Association of Realtors.

New apartments in the U.S. saw their average square footage go down in 2022, according to a report published by the real estate website RentCafe recently.

The median U.S. home sale price dropped 1.2% in February, marking the first year-over-year decline in a decade, according to a new report from Redfin.

Wall Street is now betting the Fed will pause its interest rate hike campaign next week amid fallout from the SVB failure, sending mortgage rates tumbling.

Pete Davidson's former penthouse apartment in Brooklyn, New York, has hit the market for $30,000 per month. The 4,500-square-foot unit features a private rooftop terrace.

Long-distance real estate investment in single-family rental homes is growing amid inflationary pressures, interest rate hikes and an influx of instructional investors.

Goldman Sachs analysts warned in an analyst note that housing prices could drop by double-digits in four major U.S. cities that became pandemic boom towns.

Americans' ability to buy a house is at the lowest level since 2006 because of high mortgage rates and steep home prices, according to Atlanta Fed data.

Americans revealed whether they have more, less, or the same amount of spending cash on hand this year compared to 2022, with most people breaking even.

Dallas Federal Reserve economists warned this week that the U.S. housing market could face a steep drop in prices as the result of higher mortgage rates.

People in Austin, Texas, identified what they believed to be the most pressing issues facing America currently, with over half of people pointing to the economy

Signed contracts to buy previously owned homes rose for the second month in a row in January, but pending transactions remain down by 24.1% year-over-year.

January purchases of new homes rose 7.2% to the highest level in 10 months as mortgage rates started to declined, according to Commerce Department data.

Higher mortgage rates have weighed on the U.S. housing market, which posted a $2.3 trillion decline in the second half of 2022, according to Redfin data.

Mortgage applications tumbled more than 18% last week, the biggest monthly drop since 2015, as rates climb higher and home prices remain abnormally high.

Sales of previously owned homes fell 0.7% in January from the prior month due to higher mortgage rates, according to the National Association of Realtors.

Construction of new U.S. homes declined again in January for a fifth straight month as high mortgage rates continue to cool consumer demand for housing.

Builder sentiment in the market for single-family homes climbed in February to the highest level since September as mortgage rates fall from a peak high.

Demand for mortgages dropped from the prior week as worries about higher rates and inflation dented the market.