Home sales during February were up by 8.4% from January, according to data from RE/MAX Holdings (NYSE: RMAX). This represents roughly half of the month-to-month average sales increases seen in the previous two Februarys. Compared to the same period last year, sales...
The US was home to 45.4 million renter households during the fourth quarter of 2024, a 0.8% uptick from one year ago. According to a data report from Redfin (NASDAQ: RDFN), this is the slowest growth since the first quarter of 2023. Also during the fourth quarter, the...
Mortgage application activity took a tumble while homeowner equity was on the rise in a pair of newly published data reports. Mortgage applications decreased 6.2% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage...
Single-family housing starts in February were at a rate of 1.10 million, according to data from the US Census Bureau and Department of Housing and Urban Development. This is an 11.4% jump from the revised January figure of 995,000. Privately-owned housing starts in...
Builder confidence in the market for newly built single-family homes dropped three points in March to a reading of 39 on the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI), marking the lowest level in seven months; any number over...