Analysis and Data
The California Association of Realtors took issue with the nearly finalized budget, stating that the development of homeownership should be an integral part of the other initiatives included within the budget.
The share of second home transactions rebounded in the fourth quarter to 5%.
Demographic shifts, changes in consumer housing preferences, low mortgage rates, and rapidly rising rental prices.
Profits rose in more than 90% of U.S. housing markets, marking the highest level since at least 2008.
The full U.S. housing stock market is now worth $43.4 trillion, according to a new Zillow analysis.
Contract signings fall for second straight month as all four U.S. regions posted monthly and yearly declines.
A new report revealed that sales for the most affordable homes in the U.S. increased by 11.3% year-over-year, as sales of luxury homes retreated by 16.3%.
With mortgage rates continuing to rise, prospective homebuyers are feeling less confident in their ability to purchase a home in the coming months.
Sales jump nearly 12% as housing supply dwindles.
All mortgage rates in MBA's survey continued to climb, with the 30-year fixed-rate rising for the fifth consecutive week to its highest level since March 2020.