Single-family housing starts in March were at a rate of 940,000, according to data from the US Census Bureau and the Department of Housing and Urban Development. This is 14.2% below the revised February figure of 1.09 million. Privately-owned housing starts in March...
The European Central Bank (ECB) has cut three of its interest rate categories by 25 basis points. In a press statement, the ECB’s Governing Council announcing the reduction of the interest rates on the deposit facility, the main refinancing operations and the marginal...
A total of $357.5 billion was levied in property taxes on single-family homes in 2024, down 1.6% from 2023. However, new data from ATTOM also found the average tax on a single-family home rose to $4,172 in 2024, a 2.7% increase over the previous year. In comparison,...
The typical home that went under contract in March was on the market for 47 days, according to new data report from Redfin (NASDAQ: RDFN). This is the longest days on the market period for any March since 2019. Redfin noted that more than one-quarter (27%) of homes...
Home sales in March surged by 23% from February, marking the largest month-over-month sales increase since 37.4% in March 2023, according to new data from RE/MAX LLC, a subsidiary of RE/MAX Holdings (NYSE: RMAX). On a year-over-year measurement, sales were down 1.4%....
