Current Market Data
The NAHB/Wells Fargo Housing Market Index slid a point to 32, reflecting ongoing negative sentiment in the homebuilding industry.
NAR’s report — which surveyed nearly 5,000 Realtor members — also found that the typical agent took on 10 transactions in 2024, the same as a year prior.
As the spring homebuying season ended, U.S. home price growth softened significantly, opening the door to improved affordability.
Home-purchase activity remained elevated from 2024, but a cloudy economic outlook has deterred some would-be homebuyers.
After years of fast-paced home sales, tight inventory and relentless price growth, the U.S. housing market may finally be entering a new chapter.
A new study valued the Naples real estate owned by the 65+ demographic at $70 billion.
Geographically, the only region to post a monthly increase in pending sales was the Northeast, where they rose 2.1%, according to NAR’s Pending Home Sales Index.
Nationally, the pace of home-price appreciation declined to its slowest pace in almost two years, according to the S&P CoreLogic Case-Shiller U.S. National Home Price Index.
A new report from U-Haul identified the most common states of origin for do-it-yourself movers who relocated to Miami.
The inventory of new homes for sale surged year over year, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development.
Real estate economist Matthew Gardner joins Agent Publishing Co-Publisher Anne Hartnett to unpack the biggest housing trends from the second quarter, plus the potential impact of a new Fed chair and the future of Fannie Mae and Freddie Mac.
At the same time, the pace of existing-home sales declined from May’s level.
Nationally, home sales rose 5.7% year over year and 1.3% month over month, RE/MAX said.
New single-family home construction declined as builders continue to grapple with macroeconomic headwinds.
Purchase applications slowed to their lowest level since May as economic worries dampened activity, the Mortgage Bankers Association said.
Two Miami suburbs have secured spots on a new list of the 50 wealthiest in the United States, highlighting the region’s enduring affluence and desirability.
