Sales of newly built homes shot up 10.7% from April to May, with 696,000 new homes sold over the course of the month, according to data released Friday by the US Census Bureau
The slowdown in construction activity comes as the average for a 30-year loan rose to 5.3% last week, up from 2.49% a year ago, according to new data released by the US Census Bureau
After months of speculation, the Biden administration just announced that it will wipe out as much as $20,000 in individual student loan debt
Prices grew at the third-fastest annual pace in 35 years, according to the US National Home Price Index, released Tuesday. Since then, experts have observed early signs of a cooling market
The 19.2 percent year-over-year jump was the fourth-largest increase recorded in the 35-year history of the Corelogic Case-Shiller Index
Pending home sales decreased 4.1% in February from the previous month, and were down 5.4% from the same period last year
Baby boomers are the second-largest generation in US history. They're now becoming empty nesters and retiring but remain a force in the housing market
Generation X is smaller than the cohorts that came both before and after. But the group is also in its prime earning and homebuying years now, meaning it's a force to be reckoned with
Generation Z includes people now in their 20s and teens. They're young, but beginning to buy houses and poised to become a major force in the near future.
Millennial real estate preferences are shaped by a desire for convenience and amenities, coupled with the lingering effects of the Great Recession. This is the first installment in Inman's 5-part series on the ways people from different generations approach the homebuying experience
30-year mortgage rates fell to 3.05%, down 7 basis points from the week prior, according to Freddie Mac’s most recent lender survey, released Thursday
After increasing by a modest 0.4% in October, new home sales saw a 12.4% increase in November, according to the US Census Bureau and Department of Housing and Urban Development
The median sales price, meanwhile, soared 13.9% year over year in November as inventory plunged 13.3%, according to data released Wednesday by the National Association of Realtors
Recent inventory shortages may ease somewhat in 2022, but demand will probably still exceed supply and affordability will be challenging
September 2021 marked the first month since May 2020 in which annual home price growth decelerated, with home prices increasing 19.5% year over year, down from 19.8% in August