The latest Case-Shiller data points to a housing market where prices continue set record highs. The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index reported a 6.3% annual gain in April, down from 6.5% the previous month. The 10-City Composite annual...
A new data analysis by Redfin (NASDAQ:RDFN) has determined only 39% of renters are earning enough to afford the median-priced apartment. During May, the $1,653 median apartment asking rent in May was $47 below its record high. According to the new data analysis, the...
The U.S. Department of the Treasury has announced a new effort to boost housing affordability. According to a press statement from the Treasury, the new initiative will include the launch of a program administered by the CDFI Fund to provide an additional $100 million...
One month after New York State recorded a rare uptick in home sales, the market returned to its long-running decline in transactions. According to data from the New York State Association of Realtors, closed sales during May were down by 4.1%, from 8,826 homes in May...
Existing home sales dipped by 0.7% in May to a seasonally adjusted annual rate of 4.11 million, according to new data from the National Association of Realtors (NAR). Sales were down 2.8% from the 4.23 million recorded in May 2023. As the sales level slipped, prices...