Single-family housing starts fell 5.6% from December’s revised estimate to 1,116,000, while multifamily starts slid 2.1% to 510,000, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development said.

January foreclosure filings were the highest since the start of the pandemic, according to a new report. 

The average contract interest rate for 30-year fixed-rate mortgages backed by the Federal Housing Administration increased to 3.93% from 3.86%, the Mortgage Bankers Association said. 

Across the country, 10% of ZIP codes with the largest share of children had an average home value growth of 21.3% from October 2020 to October 2021.

Home-price growth could slow by the end of 2022, despite the housing market breaking records in January.

Home-price growth is expected to average about 5% this year, far below the record-breaking pace set in 2021, RCLCO reported. 

The new year kicked off with the hottest January on record, despite having the first pending sales decline since June of 2020, according to a recent Redfin report.  Last month, 45% of homes found a buyer within two weeks

Home values grew 19.6% last year, an all-time high in Zillow’s data, which goes back more than 20 years.

In 2021, home sale profits rose in more than 90% of the country’s housing markets and reached the highest level since 2008. 

Builders started to make headway against supply-chain issues that have hampered construction of homes in the face of high demand. 

“We’ve had a super boom in the luxury market due to the acceleration of buyers due to COVID,” Mike Pappas, Keyes/Illustrated CEO, told South Florida Agent magazine. 

Rising prices and rates are driving up mortgage payments which are pushing up demand for rentals.

New homes and existing homes are appreciating at similar rates, according to a new report from CoreLogic.

Rent growth also slowed in December, posting the lowest monthly increase since February 2020.

The average sale price of Palm Beach single-family homes nearly doubled year over year in the fourth quarter of 2021, according to a residential market report from Brown Harris Stevens.

“December saw sales retreat, but the pull back was more a sign of supply constraints than an indication of a weakened demand for housing.” — NAR chief economist Lawrence Yun