As inventory remains at record lows, prices of new homes jumped a record-breaking 11.2 percent in August, the U.S. Census Bureau reported Wednesday.
After reaching a two-year peak, pending home sales fell in August but are at elevated levels compared with a year ago, according to the National Association of Realtors®.
NAR Chief Economist Lawrence Yun talks about pending home sales, which fell in August but are at elevated levels compared with a year ago.
More housing reports were released on Tuesday showing home prices on the rise throughout the country.
In the past 25 years, the mobility rate in America has steadily declined. Last year only 12 percent of the population moved, a troubling economic indicator.
There was a 37 percent drop in fatal workplace injuries in real estate last year, new data shows.
Every year, REALTORS® in markets across the country judge the effects of remodeling projects on sales prices for the Cost vs. Value Report, done in cooperation with Remodeling magazine. From now until Oct. 5, you could win $500 just for adding your voice to the survey.
Rising rents are leading to a swelling number of people who are now spending at least half their income on rental fees.
Construction on new homes is at its fastest pace in more than two years.
NAR Chief Economist Lawrence Yun talks about August existing-home sales, which continued to improve, and the national median price, which rose on a year-over-year basis for the sixth straight month.