The median existing-home price was also on the upswing last month, providing homeowners a bit of refuge as the stock market undergoes a correction, Chief Economist Lawrence Yun said in the monthly report. 

The pace of new-home construction was higher than economists expected, even as homebuilders expressed concern about the impact of tariffs and supply-side challenges. 

If you have a would-be seller close to getting ready to put their home on the market, now’s the time to prepare.

Falling consumer sentiment suggests potential homebuyers are wary of the short-term economic outlook and future inflation, CoreLogic Chief Economist Selma Hepp said. 

Furthermore, 13% of homeowners said they’d take their home off the market if they learned their ex was considering buying it.

At the same time, the median sales price for a new home hit its highest level since 2022, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development.   

In Miami, home prices rose 3.28% year over year and 0.4% month over month in December. 

At the same time, builder sales expectations for the next six months posted their second-largest drop since the sentiment index started in 1985. 

On a city basis, Chicago posted the highest annual increase among the country’s 20 largest metros, followed by Miami, Las Vegas and Washington, D.C. 

Miami is one of the most expensive cities for single-family rents in the nation, according to a new report.

For the first time in two years, home prices are on the rise in every major metro and Miami is one of them, according to a new Redfin report. 

The median existing-home price for all housing types in December rose 6% from its year-ago level.    

Nationally, home sales were up 13.3% year over year and 4.4% month over month, RE/MAX said. 

Zillow has released its list of the hottest real estate markets predicted in 2025 and Miami has made the rankings.

In its last reading before the end of the year, the National Association of REALTORS®  Pending Home Sales Index posted its fourth consecutive monthly increase in November. 

The median-sales price slid from $425,600 in October to $402,600 last month.