The flight to the suburbs has become a growing preference for buyers, but renters are also finding respite in the outskirts of larger metro areas. That could help continue to drive new construction of apartments in suburbs across the country, according to a new report from Rent Cafe.

“Historically low-interest rates, a shortage of new housing inventory and limited new construction have contributed to rising home prices nationwide.” — Don Ganguly, senior vice president of Mynd Investor Services

The decline of home mortgage interest rates is continuing to fuel homebuying demand in December, pushing the median home-sale price up 13% nationwide to $334,300, according to a new report from online broker Redfin.

Miami-Dade, Broward and Palm Beach counties all saw significant year-over-year increases in luxury single-family sales, average sales price and cash transactions.

The number of homes for sale nationwide dropped below 700,000 in December, hitting an all-time low, while home prices were up double-digits over the year prior, according to realtor.com’s Monthly Housing Trends Report.

The 8,430-square-foot residence, located at Palazzo Del Sol on Fisher Island, is listed at $17.5 million.

The sale of two waterfront lots sets new record price for Venetian Islands.

The acquisition enables Guaranteed Rate to bolster retail loan origination while also developing new multichannel capabilities.

Homeowners nationwide enjoyed a more than 8% increase in home prices over the last 12 months ending in November, making it the largest year-over-year increase since March 2014, according to the CoreLogic Home Price Index.

Guaranteed Rate has teamed up with the National Hockey League and U.S. Figure Skating to become the official mortgage partner of both entities.