The WPJ

Top Residential Real Estate News

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.

Ireland's Residential Rents Surge in Early 2025, Fastest Rise in Two Decades

Ireland's rental market continues to tighten dramatically, with average open-market rents nationwide surging to €2,053 per month in the first quarter of 2025 -- marking a 3.4% increase over just three months and the steepest quarterly jump in two decades, according to the latest Rental Report by Daft.ie.

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.

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