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The association brought together a group of economists to provide a forecast of the market, and the consensus is that housing construction shortages will continue into next year.

It seems 2020 will be a challenge for buyers – “not because of what they can afford but rather what they can find,” according to Realtor.com.

Also included in the report is the finding that millennials are generally unconcerned about qualifying for a home loan.

Fannie Mae and Freddie Mac loan limits will be raised to more than half a million dollars.

The number of new homes sold shot up over last year, according to Census data from October.

The rebound could mean an accelerating market nationwide.

  Existing home sales were on somewhat of a rebound in October in the South and Midwest regions, showing growth from the previous month, while the Northeast and West experienced continued declines, according to the National Association of Realtors.

Two percent jump in housing starts nationwide could mean lower chance of recession

Don’t get caught “running naked through the woods.”

Housing starts make progress in September, showing signs of more housing on the way.

More than two-thirds of homebuyers believe housing availability getting harder.

All 50 states saw a boost in prices last month. CoreLogic reports half of millennial homebuyers used retirement savings to help them purchase their first home.

The Fed cuts interest rates while a Commerce Department report notes recent economic growth was driven in part by the real estate sector.

NAR economist urges developers to consider converting vacant office space, shopping malls to condos to relieve housing shortage.

NAR chief economist: Housing shortage is stunting potential growth.