home sales
New home sales plummet to lowest level since November as mortgage rates stay high
The median new house price fell 0.9% to $417,400 in May from a year ago. Nearly half of the new homes sold last month were priced under $399,000.
Housing market won't come 'unstuck' until 2026, economists predict — here's why
The economists cited a "one-time shift" in demand duringThe economists said they predict home prices will rise by about 4.5% in 2024 and 5% in 2025, then fall back to...
Home prices hit new record high as shortage deepens pain for would-be buyers
Prices increased 6.3% nationally in April when compared with the previous year, the S&P CoreLogic Case-Shiller index showed and 0.3% on a monthly basis.
Home sales drop for third straight month as prices hit record high
The national median sales price rose 5.8% from a year earlier to $419,300, an all-time high on records going back to 1999. It’s also up 51% from five years ago.
Zillow hacker lists couple's home 'for sale by owner' for $10,200: 'A hot mess'
An unsuspecting husband and wife have found themselves at the center of a bizarre real estate racket.
Pending home sales plunge to lowest level since pandemic began
"The impact of escalating interest rates throughout April dampened home buying, even with more inventory in the market," NAR's chief economist said.
Mortgage rates fall below 7% for first time in over a month in boost for homebuyers
The rate on a 30-year mortgage fell to 6.94% from 7.02% last week, the third straight weekly decline.
Home sales unexpectedly drop nearly 2% amid high mortgage rates and rising prices
Existing home sales fell 1.9% to a seasonally adjusted annual rate of 4.14 million in April, compared with estimates of 4.2 million.
Home prices surge to another record high in February, defying expectations
Home prices in San Diego, Los Angeles, Washington, DC, and New York all hit an all-time high in February.
Warren Buffett's real estate firm pays $250M to settle antitrust suit over commissions
With the latest settlement, the NAR and brokerages including HomeServices Anywhere Real Estate and Re/Max would pay more than $943 million to resolve antitrust claims.
Mortgage rates jump past 7% for the first time in 2024, posing big dilemma for homebuyers
Mortgage rates have now risen three weeks in a row, a setback for home shoppers this spring homebuying season.
Home sales drop for first time since December as stiff mortgage rates sideline buyers
Despite the pullback in sales, home prices climbed compared with a year earlier for the ninth month in a row.
Single-family new home construction plunges in huge housing market setback
US single-family homebuilding tumbled in March, and while new construction remains underpinned by a severe shortage of previously owned houses for sale, a resurgence in mortgage rates is pushing potential...
Mortgage rates creep up to highest level in weeks as home-buying season begins
The 30-year mortgage rate hasn't gone below 6.6% it averaged in mid-January.
Real estate giant Compass to pay $57.5M to settle clams it overcharged US home sellers
In the regulatory documents, Compass denied any wrongdoing and claimed the sum would not materially affect its operations, according to The Real Deal.
February home sales unexpectedly jump 9.5% to 1-year high as mortgage rates dip
The pickup in sales helped push up home prices compared with a year earlier for the eighth month in a row.
Powerful realtors group agrees to cut commissions in landmark $418M settlement — here's how it'll change the homebuying landscape
The accord also resolves claims against more than 1 million members, state and local realtor associations, and most smaller brokerages.
Home prices hit an all-time high in December despite rising mortgage rates
Prices increased 5.5% nationally in December when compared with the previous year, the S&P CoreLogic Case-Shiller index showed.
Home sales hit 5-month high in January as prices jump 5%
The pickup in sales helped push up home prices compared with a year earlier for the seventh month in a row.
Wholesale prices jump more than expected to stoke inflation fears after months of cooling
US producer prices increased more than expected in January amid strong gains in the costs of services such as hospital outpatient care and portfolio management.