According to new data from the U.S. Housing and Urban Development and Commerce Department, total housing starts increased 3.8 percent in October 2019 to a seasonally adjusted annual rate of 1.31 million units.
According to Redfin, U.S. home-sale prices increased 5.4% year over year in October to a median of $313,200. The increase was the largest since July 2018, although current strength may be overstated given the weakening housing market a year ago.
According to Redfin, new-home sales prices in the U.S. dropped 1.5 percent year over year to a median of $370,300 in the third quarter. This marks the biggest decline since at least 2012 and the third consecutive quarter of declines.
The average sale price for luxury homes in the U.S. rose 0.3 percent year over year to $1.6 million in the third quarter of 2019. It marks the first time luxury prices did not drop after three straight quarters of decline.
According to Freddie Mac's latest Primary Mortgage Market Survey, the 30-year fixed-rate mortgage in the U.S. averaged 3.78 percent in late October 2019. Purchase activity continues to show strength, indicating obvious homebuyer demand.
According to real estate data provider Yardi Matrix, regionally across the U.S., the areas of growth were relatively distinct. Urban areas in the Pacific Northwest grew by nearly 32%, adding a total 112 properties and 19.8 million square feet.
According to a new report from the U.S. Housing and Urban Development and Commerce Department, due to a decline in multifamily housing starts, total housing starts fell 9.4 percent in September to a seasonally adjusted annual rate of 1.26 million units.
According to Yardi Matrix, as part of a seasonal respite, the national average residential rent in the U.S. decreased for the first time since February 2017, dipping by -0.1% ($1) from last month to $1,471.
According to a new report by the American Public Transportation Association and the National Association of Realtors, neighborhoods located within a half mile of public transit services outperformed those in areas farther from public transit based on a number of factors.
According to CoreLogic's latest Single-Family Rent Index (SFRI), which analyzes single-family rent price changes nationally and among 20 metropolitan areas, shows a national rent increase of 3% in August 2019.
According to the National Association of Realtors' newly released 2019 U.S. Vacation Home Counties Report, increased financial wealth and low mortgage rates boosted the demand for and price of vacation homes.
According to the Mortgage Bankers Association's latest Weekly Mortgage Applications Survey for the week ending September 27, 2019, U.S. mortgage applications increased 8.1 percent from one week earlier.
The 30-year fixed-rate mortgage in the U.S. averaged 3.64 percent. September 2019 has been the most volatile month since March, in terms of the 30-year fixed-rate mortgage, averaging a weekly movement of 11 basis points.
U.S. Environmental Protection Agency Administrator and Department of the Army for Civil Works are repealing a 2015 rule that impermissibly expanded the definition of "waters of the United States" (WOTUS) under the Clean Water Act.
Finishing school, joining the workforce and moving out on your own is a rite of passage for many young people. Today's young adults are taking longer to make this transition.
According to the Mortgage Bankers Association's latest Commercial/Multifamily Delinquency Report, commercial and multifamily mortgage delinquencies in the U.S. remained low in the second quarter of 2019.
Knight Franks' latest Prime Global Cities Index, which tracks the movement in luxury residential prices across 46 International cities, increased by 1.4% in the year to June 2019, up marginally from 1.3% in March 2019 but still significantly lower than its four-year average of 3.8%.