Tag Archives: average home prices

‘People are praying for a crash’: Why housing doomers keep getting louder

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Housing analyst Ricky Carruth pushes back on crash predictions, arguing today’s market is defined by strong fundamentals. Continue reading →

Existing-home sales fall to slowest pace since 2009 amid rising costs

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Existing-home sales decreased by 5.9 percent from February and by 2.4 percent from March 2024 as homebuyers continued to deal with affordability challenges, said NAR Chief Economist Lawrence Yun. Continue reading →

Most Gen Z sellers have regrets over pandemic home purchases

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Five years after the arrival of COVID in the US, 94 percent of Gen Z and 86 percent of millennial first-time homesellers say they regret their pandemic-era purchase, according to an analysis by Opendoor. Continue reading →

Most Gen Z sellers have regrets over pandemic home purchases

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Five years after the arrival of COVID in the US, 94 percent of Gen Z and 86 percent of millennial first-time homesellers say they regret their pandemic-era purchase, according to an analysis by Opendoor. Continue reading →

US housing turnover rate hits 30-year low as lock-in effect lingers

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In the first eight months of 2024, only 25 out of every 1,000 U.S. homes changed ownership, marking the lowest housing turnover rate since 1994, according to an analysis by Redfin released Monday. Continue reading →