Multifamily construction delivers boost to housing starts in February

Apartment building construction soared 24 percent in February, lifting new housing starts overall despite a weak month for single-family builds, according to data released Thursday by the U.S. Census Bureau. Continue reading

Housing still biggest contributor as inflation slowed pace in February

While the Consumer Price Index jumped a modest 0.4 percent month over month, the collapse of Silicon Valley Bank and Signature Bank could keep interest rate hikes at bay, economists said Tuesday. Continue reading

Housing still biggest contributor as inflation slowed pace in February

While the Consumer Price Index jumped a modest 0.4 percent month over month, the collapse of Silicon Valley Bank and Signature Bank could keep interest rate hikes at bay, economists said Tuesday. Continue reading

The 2023 housing market: A real estate ‘reckoning is at hand’

Economists and other housing experts predict the market will be more balanced among buyers and sellers. Home prices won’t change much while mortgage interest rates will continue to dip. Continue reading

Pending sales fell in October for the fifth month in a row

Rising rates and nervous consumers have set up the housing market for its “slowest fourth quarter in a decade,” according to one economist. Continue reading

New construction scores a modest win as housing starts jump 12%

Monthly housing starts rose 12.2 percent in August to a seasonally adjusted rate of 1,575,000, according to U.S. Census Bureau data released Tuesday. August 2022 levels fell 0.1 percent year over year. Continue reading

MLS-listed homes sell for more, a new study claims. But there’s 1 twist

Critics raise issues over conclusion that listing homes on the MLS is what caused higher sales prices and faster transactions, especially if NAR rules mean MLSs have a thumb on the scale. Continue reading

Bright first MLS to hire a chief economist

Dr. Lisa Sturtevant will help Bright with “critical business decisions around the company’s data assets” such as evaluating products and partnerships. Continue reading