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RE/MAX: Home Sales Up 8.4% in February

RE/MAX: Home Sales Up 8.4% in February

by Phil Hall | Mar 19, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

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...
Q4 Renter Population Up by Less Than 1%

Q4 Renter Population Up by Less Than 1%

by Phil Hall | Mar 19, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

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 Applications Down, Homeowner Equity Up

Mortgage Applications Down, Homeowner Equity Up

by Phil Hall | Mar 19, 2025 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

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 Up 11.4%

Single-Family Housing Starts Up 11.4%

by Phil Hall | Mar 18, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

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...
Tariff Agita Drives Down Builder Confidence Levels

Tariff Agita Drives Down Builder Confidence Levels

by Phil Hall | Mar 17, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

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...
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