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Single-Family Housing Starts Dropped 1.9% in May

Single-Family Housing Starts Dropped 1.9% in May

by Phil Hall | Jun 16, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Single-family housing starts in May were at a rate of 882,000, according to data from the US Census Bureau and the Department of Housing and Urban Development. This is 1.9% below the revised April figure of 899,000. Privately-owned housing starts in May were at a...
New Orleans Leads the Nation with Greatest Share of Single Women Homebuyers

New Orleans Leads the Nation with Greatest Share of Single Women Homebuyers

by Phil Hall | Jun 16, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new study published by Mortgage Research Network has determined that affordable metros in the South, Midwest and Northeast have the highest percentage for single women buying homes. Nationwide, single women accounted for 11.4% of all home purchase loans in 2025, but...

National Median Asking Rent Down for 34th Straight Month

by Phil Hall | Jun 16, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The national median asking rent in May was $1,686, down 1.5% year-over-year for the 34th consecutive month of declines, according to data from Realtor.com. During the first quarter of the year, Realtor.com determined that Las Vegas led the nation as the metro with the...
Report: 242 Cities Have Starter Homes Valued at $1 Million and Up

Report: 242 Cities Have Starter Homes Valued at $1 Million and Up

by Phil Hall | Jun 15, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A record number of 242 cities have starter homes valued at $1 million or more, up from 226 one year ago, according to a new data report from Zillow. Traditionally, a starter home is defined as a home in the lowest third of home values in a given market. But as the...
Builder Confidence Remains Weak Amid Affordability Concerns

Builder Confidence Remains Weak Amid Affordability Concerns

by Phil Hall | Jun 15, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Builder confidence in the market for newly built single-family homes during June fell two points to 35, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). Any HMI reading over 50 indicates that more builders view...
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