Active listings of homes for sale during August were down by 1.4% from July, according to data from Redfin. This marked the largest seasonally adjusted decline since June 2023. Although active listings last month were up 9.7% year-over-year, this marked the smallest...
The US recorded a housing gap of 3.8 million last year, despite having new home construction outpace household formations for the first time since 2016. A new data report from Realtor.com determined it would take 7.5 years to close the housing gap at the 2024 rate of...