Author: Swapna Venugopal Ramaswamy, USA TODAY

The last time pending contracts registered more than 8% monthly increase was three months after the pandemic lockdown.

Buyer incentives, along with stabilizing mortgage rates during the month of January, increased the pace of new home sales for the month.

Migration patterns during the pandemic show Gen Z has flocked to cities like Washington D.C., Columbia and Boston.

Existing-home sales fell for the twelfth straight month in January, with year-over-year sales falling 37%, the biggest decline since 2010.

For $1,295, renters can access fully furnished apartments with no lease. The catch? You may have to leave in three days.

Rising U.S. consumer sentiment combined with would-be homebuyers opting to rent due to high mortgage rates could explain the rise in rents.

The cost of floor coverings rose 13 %, and the prices of tools, hardware and supplies went up by nearly 12 %, according to the Labor Department.

Incremental gains in affordability are brining more buyers to the market

Slowing demand in the housing market was part and parcel of the Fed’s strategy designed to cool consumer demand to bring down inflation.

The share of homebuyers under the age of 45 increased from 51% in 2019 to 55% in 2021. The change was largest for Black homebuyers.