Single‐family housing starts in November were at a rate of 1.14 million, the highest level in six months, according to data from the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. This represents an 18% increase from the revised October...
A Phil Hall Op-Ed: Over the past couple of weeks, there have been a number of forecasts about where the U.S. economy in general – and the housing market, in particular – will be heading in 2024. There are a few easy predictions that I can make. For starters, I can...
Pending home sales were at a historic low level in October, according to new data from the National Association of Realtors (NAR). The NAR Pending Home Sales Index (PHSI) in October fell 1.5% from the previous month to 71.4, the lowest number since the index was...
The volume of existing home sales declined by 4.1% from September to a seasonally adjusted annual rate of 3.79 million in October, according to new data from the National Association of Realtors (NAR). Year-over-year, sales plummeted by 14.6% from 4.44 million in...
U.S. home sales will likely decline by 18% this year, compounding a 17% reduction from last year – but next year should see a 15% increase in sales activity, according to a forecast from National Association of Realtors (NAR) Chief Economist Lawrence Yun. Speaking at...
Zillow Cuts Its Late-2026 Home Sales Outlook as Rents Accelerate
