Home price growth hits new record in April: FHFA

Home prices rose 1.8 percent in April and 15.7 percent year over year. Both figures represent record growth for the House Price Index. Continue reading

Connecting with Ryan Schneider: Flexibility is the key to success

Ahead of his session at Inman Connect, Realogy CEO Ryan Schneider shares what consumer trends will endure after the pandemic and how flexibility is key to providing excellent service during a shift. Continue reading

The Inman Handbook on existing-home sales

Three leading economists share what existing-home sales reveal about the market and how to properly use statistics to make client decisions. Continue reading

89% of all metro areas saw double-digit home price gains in Q1

Amid widespread annual home price growth, 89 percent of all metro areas saw double-digit price gains, according to the National Association of Realtor’s First Quarter Metro Home Prices report. Continue reading

Rising lumber costs add $36K to new home sales prices

The battle between supply and demand has hit the lumber industry hard, as mills struggle to keep up with demand and homebuilders push the costs to buyers. Continue reading

Zestimates can’t keep up with wild housing market, agents say

Four agents from around the country talk about the widening gap between Zestimates and MLS home value data as inventory shortages push prices to new highs. Continue reading

March was the hottest month in housing history

The median home price rose 17 percent annually to $353,000, according to Redfin’s March housing report. Nearly half of homes sold above asking price. Continue reading