Pending home sales rose 1.5% in March, but fell short of last year

Pending home sales rose 1.5 percent from February to March but remained 1.1 percent below last year’s levels, according to the National Association of Realtors’ monthly Pending Home Sales report. Continue reading

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

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

Do abortion bans affect housing markets? New data says ‘yes’

New research shows abortion bans may be reshaping housing markets, with slower rent growth and rising vacancies in affected states after Dobbs. Continue reading

Everyone deserves to own a home. That includes LGBTQ+ Americans

Nearly half of LGBTQ+ Americans feel less safe being visible, CEO Mary Mancera writes. That should concern anyone who understands what healthy housing markets require. Continue reading

Home prices tick up to new record-high amid signs of softening in more markets

Home prices fell in 24 percent of markets, with five Florida markets posting the biggest price declines. But buyers chasing affordability drove up prices the most in parts of the Midwest and Southeast. Continue reading

Supply constraints are reshaping the multifamily market’s trajectory

Multifamily investing expert Michael Zaransky reflects on the deep structural divergence between housing demand and the system’s ability to deliver new units under current economic conditions. Continue reading

Consumer unease over inflation rekindled in August following rally

Consumer sentiment dipped to 69.5 in August following months of recovery, a downward shift that underscores the complex web of rapidly changing expectations, according to data released Friday. Continue reading

US economy avoids recession yet again — no thanks to real estate

With the gross domestic product eclipsing expectations in 2Q, the US appears to have avoided a long-predicted recession, even as the real estate industry remains mired in a deep contraction. Continue reading

A sales uptick in 2023? Zillow’s senior economist thinks it’s likely

During a Connect Now session on Thursday, Zillow Senior Economist Dr. Orphe Divounguy predicted affordability will “stabilize” in 2023, setting the stage for an increase in home sales. Continue reading

Timber may soon follow lumber in upward price trend

Pandemic-fueled housing demand is finally beginning to catch up with years of oversupply in the timber industry that resulted from the 2008 financial crisis. Continue reading