Home Prices Rise for Second Straight Month
U.S. home prices increased for a second consecutive month in March, reflecting the sustained inventory shortage faced by buyers. This streak comes after seven consecutive months of price declines.
The S&P CoreLogic Case-Shiller U.S. National Home Price index rose 0.4% in March. The index uses...
Gen Z Homebuyers Leverage Social Media
Data published by Redfin revealed that 30% of Gen Zs who are aged 25 owned a house in 2022. This rate is higher than both Millenials (28%) and Generation Xs (27%) when they were the same age. Only Baby Boomers outpaced Gen Zs, with...
Domestic U.S. Home Sales Decline in March
Data from the National Association of Realtors on Thursday showed that U.S. home sales declined in March, with prices falling as well. This marks a particularly tepid start to the spring homebuying season, with buyers already facing a surge in mortgage rates and a...
Home Prices Drop For Seventh Straight Month
U.S. house prices declined for a seventh consecutive month in January as rising interest rates continue to apply pressure to home prices as well as the housing market overall.
Data released on Tuesday revealed that the S&P CoreLogic Case-Shiller U.S. National Home Price index...
US Homebuilder Sentiment Falls For Ninth Straight Month
Figures revealed on Monday shows that the National Association of Home Buyers/Wells Fargo gauge of homebuilder sentiment decreased by three points to 46. This is the ninth consecutive month that homebuilder sentiment has declined—a record streak of declines since the data was first released...
Home Sales in the U.S. Slide to 2-Year Low
The U.S. home sales continued their downward trajectory in May as surging mortgage rates and rising prices show no signs of going away. According to a recent National Association of Realtors report, sales dropped 3.4 percent to settle at 5.41 million units. This represents...