According to new data released by the National Association of Realtors, existing-home sales dipped again in April 2025, reflecting ongoing challenges in the U.S. housing market despite growing inventory and continued buyer interest.
In a notable shift in the housing market, baby boomers have surpassed millennials as the largest generational group of home buyers, according to the National Association of Realtors (NAR).
While the AIA/Deltek Architecture Billings Index (ABI) dipped slightly below 50 in November 2024, the score hovered near the threshold, reflecting an almost equal split between firms reporting increases and decreases in billings.
According to new research by CBRE, the rising cost of homeownership is prompting more Americans to opt for renting. On average, monthly mortgage payments for new homes are currently 35% higher than apartment rents, creating a significant affordability gap.