Steady home-price growth to resume in 2024, experts predict

Price growth will pick back up in 2024 and hit a rate of 3.5 percent annual growth every year through 2027, according to a panel of housing experts surveyed by Zillow and Pulsenomics. Continue reading

It’s official: New York remains the world’s priciest real estate market

More ultra-prime real estate transactions took place in New York in 2022 than anywhere else in the world, according to the 17th annual Wealth Report released Wednesday by Douglas Elliman. Continue reading

The time a typical homeowner stays in one place just got a little shorter

Migratory waves over the past three years due to the pandemic have caused homeownership tenure to decline modestly, but an uptick is expected thanks to a rise in mortgage rates, Redfin data shows. Continue reading

Home prices cooled sharply to end 2022 — but affordability still elusive

Home price growth fell 5.8 percent annually in December, down from a 7.6 percent gain a month earlier, the latest S&P CoreLogic Case-Shiller Index shows. The FHFA also recorded a chill in appreciation. Continue reading

Pending home sales rose in January — but those gains are unlikely to last

The Pending Home Sales Index jumped 8.1 percent to a reading of 82.5 in January, before mortgage rates began another climb, according to data released Monday by the National Association of Realtors. Continue reading

New-home transactions roar to life with strongest sales pace in a year

A dip in mortgage rates and a backlog of empty homes helped power sales of newly constructed houses for the second-straight month in January, according to data released Friday by the U.S. Census Bureau. Continue reading

Chime: Chatbot AI Assistant at 93% conversational accuracy

The company attributes the success to “consistent coaching and humanizing of the chatbot,” which in the past year increased daily messages by 322 percent and daily lead responses by over 108 percent. Continue reading