U.S. Housing Market Updates
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Builder Confidence Remains Flat
41% of builders were cutting prices in November, a record high in the post-Covid period and the first time this measure has passed 40%. Continue Reading Builder Confidence Remains Flat
Minnesota Property Taxes Could Rise by $1 Billion in 2026
Final property taxes will be determined by the end of the year, and it would be the highest increase of this decade if it holds. Continue Reading Minnesota Property Taxes Could Rise by $1 Billion in 2026
Additional Reading: MOST POPULAR U.S. HOUSING MARKET News & Headlines
Groundbreaking for $36 Million Mixed-Use Development in South Carolina
The community will include over 650 multifamily units and encompass more than 95 acres of commercial property. Continue Reading Groundbreaking for $36 Million Mixed-Use Development in South Carolina
New 135-Unit Apartment Community Being Built in Twin Cities Metro Area
Pre-leasing is set to begin in fall 2026 with apartments ready for residents by late 2026. Continue Reading New 135-Unit Apartment Community Being Built in Twin Cities Metro Area
Forecast: Single-Family Mortgage Origination to Reach $2.2 Trillion in 2026
“We expect that home sales will increase in 2026,” said Mike Fratantoni, MBA’s chief economist. Continue Reading Forecast: Single-Family Mortgage Origination to Reach $2.2 Trillion in 2026
Rhode Island Home Sales Down 8.8%
The median price of single-family homes of $455,500 marked a 3.5% year-over-year increase. Continue Reading Rhode Island Home Sales Down 8.8%
New York State’s Housing Inventory at Record-Setting Low
Home prices soared by 15.4% year-over-year, from a median of $378,000 in February 2024 to $436,125 last month. Continue Reading New York State’s Housing Inventory at Record-Setting Low
Florida Home Sales Down Despite Rising Inventory Levels
The statewide median sales price for single-family existing homes last month was $415,000. Continue Reading Florida Home Sales Down Despite Rising Inventory Levels
Wisconsin Home Sales Up 7%, Median Home Price Up 11%
During February, Wisconsin’s housing market had 16,037 listings, a 0.4% uptick from the 15,972 one year before. Continue Reading Wisconsin Home Sales Up 7%, Median Home Price Up 11%
Four Seasons in Partnership on New Luxury Complex in Washington, DC
The new development will be built on the site of a former heating plant. Continue Reading Four Seasons in Partnership on New Luxury Complex in Washington, DC
Champion Homes Debuts Manufactured Duplex Series
The Concord Duplex series is available now across the 48 contiguous states. Continue Reading Champion Homes Debuts Manufactured Duplex Series
Existing Home Sales Up 4.2% in February
First-time buyers were responsible for 31% of sales in February. Continue Reading Existing Home Sales Up 4.2% in February
Home Flipping Activity Declines, Gross Profits Rise
Only 7.6% of home sales in 2024 were flips, down from 8.1% in 2023. Continue Reading Home Flipping Activity Declines, Gross Profits Rise
Shopoff Realty Investments Acquires California Industrial Property for Residential Development
The company announced that $49 million in acquisition financing for the project was secured with support from JLL Capital Markets. Continue Reading Shopoff Realty Investments Acquires California Industrial Property for Residential Development
Realtor.com: Drop in Multifamily Permitting Could Spur Hike in Rents
Demand for larger rental units has grown because fewer renters are seeking to become first-time homebuyers Continue Reading Realtor.com: Drop in Multifamily Permitting Could Spur Hike in Rents
