The number of new homes sold took a nosedive in May, falling 7.8 percent below April’s reported figure and 3.7 percent year-over-year. Source: Inman News
Posts published in “Markets & Economy”
Annual home price gains are continuing to slow down, driving toward their lowest level in seven years, according to Case-Shiller. Source: Inman News
A shortfall in housing production is making homes ever more unaffordable for modest-income households, according to Harvard’s Joint Center for Housing Studies. Source: Inman News
In May 2019, the average tenure of homeowners in the U.S. — that is, the amount of time a typical homeowner lives in their home…
Along with a $7,000 DIY home that sold out not long after being posted online, Amazon is selling a $1,200 geoplastic dome kit for the…
Existing-home sales enjoyed a 2.5 percent month-over-month bump from April to May, according to the latest data from the National Association of Realtors. Source: Inman…
Economists praised the tech giant’s plan to spend $1 billion on Bay Area housing, but expressed skepticism that the efforts will solve the region’s housing…
Across 40 U.S. states, monthly rent grew at a slower rate than housing prices, according to an Apartment Guide report released Tuesday. Source: Inman News
Privately-owned housing starts dropped 0.9 percent month-over-month and 4.7 percent year-over-year in June, according to new Census data. Source: Inman News
It’s a huge industry, and one that represents an opportunity for agents. But it’s also a field with quirks, culture, sub-categories and methodologies. Source: Inman…