North America Residential Real Estate News
North America Residential
Spring Home Sales Sputter in U.S. as High Costs Weigh on Buyers
Sales of existing U.S. homes dropped to a seasonally adjusted annual rate of 4.2 million in April 2025, hitting their lowest level since October 2024, according to new data released by Redfin. The figure marks a 0.2% decline from March 2025, and a 1.1% drop year-over-year--breaking a seven-month streak of annual gains.
U.S. Homebuilder Confidence Drops Sharply in May, Hits 3 Year Low
Confidence among U.S. homebuilders took a significant hit in May 2025 as ongoing economic headwinds -- including high interest rates, trade policy uncertainty, and volatile material costs -- continue to dampen sentiment across the residential construction industry.
U.S. Cities Where Renters Need $100K Salary to Live Doubles Since 2020
A new report by Zillow paints a stark picture of America's rental affordability crisis, revealing that renters in eight major U.S. cities now need to earn six-figure salaries just to comfortably afford housing - double the number of cities from five years ago.
Home Price Appreciation Continues to Slow in U.S.
U.S. home price growth slowed again in March 2025 as consumer anxiety over personal finances, job stability, and trade-related tariffs continued to weigh on an already tepid spring housing market, according to new data from real estate analytics firm Cotality.
North America Residential Property News
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