While multifamily starts surged 13.7% compared to November, the pace of new single-family housing construction slid 2.3%, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development.

December housing sales fell lower than they have since the start of the pandemic, a new Redfin report found.

“While lean existing home inventory and solid buyer demand are supporting the need for new construction, the combination of ongoing increases for building materials, worsening skilled labor shortages and higher mortgage rates point to declines for housing affordability in 2022.” — NAHB Chairman Chuck Fowke

Black applicants were 84% more likely to be denied a mortgage than white applicants, the data showed, an increase from the 74% disparity in 2019.

Home Partners of America has launched Choice Lease: a first-of-its-kind program offering below-market rents to qualified applicants.

Illustrated Properties based in Palm Beach Gardens has hired the CEO of South Alabama’s largest real estate firm as its new president.

The first phase of the deal comprises 1,424 new single-family homes and townhouses in Tampa, Fla.; Atlanta and Athens, Ga.; and Pinehurst, N.C.

“MBA expects solid growth in purchase activity this year, as demographic drivers and the strong economy support housing demand,. However, the strength in growth will be dependent on housing inventory growing more rapidly to meet demand.” — Mortgage Bankers Association associate vice president of economic and industry forecasting Joel Kan

The San Francisco Bay-area mortgage lender is licensed in 42 states.

The 2022 U.S. Houzz Kitchen Trends Study is out, and the most popular kitchen renovation trend is upgraded countertops.

Board member Stephen Joyce will serve as interim CEO as the company conducts a search for a permanent replacement.

The Swanepoel Power 200, or SP 200, annual ranking of the most-powerful and influential leaders in residential real estate has been released.

Despite the record low number of homes for sale, prices and pending sales continue to rise.

Construction of a Miami mansion will coincide with the creation of its identical counterpart in the virtual world to form a first-of-its-kind “MetaReal” mansion, according to a press release.

Homeownership remains a cheaper option than renting in the majority of areas, according to a new study by ATTOM Data Solutions.

Florida is home to 15 of the top-selling master-planned communities (MPCs) in the nation, according to a year-end report by RCLCO Real Estate Consulting.