1+ hour, 8+ min ago  (600+ words) The price drops are getting relentlessly steeper: In 24 bigger markets, prices of mid-tier condos through April have dropped by 15% to 33% from their respective peaks between 2021 and 2024. Each of the markets is shown in a chart below: 24 mindboggling charts, depicting breath-taking…...

3+ day, 20+ min ago  (569+ words) The major national home price indices roughly agree with each other: For the past months, national home prices barely inched up year-over-year " by less than 1% in April. But this small uptick is composed of big moves up and down in…...

1+ week, 1+ day ago  (532+ words) In 28 of the 33 big and expensive cities we track here, mid-tier home prices in April have dropped from their respective peaks in prior years. In 19 of those cities, the peaks were in 2022; in 7, the peaks were in 2024; and in 2, the…...

1+ week, 6+ day ago  (1146+ words) Sales of existing single-family homes that closed in April seasonally adjusted were unchanged from March, at an annual rate of 3. 64 million sales, near the very bottom of the deepfreeze range that has existed for the past three-and-a-half years, according to…...

2+ week, 4+ day ago  (559+ words) Late last year and early this year, the story was that dropping mortgage rates, powered by big rate cuts from the Fed, would unleash demand in the housing market in the spring " the key spring selling season " and that sales…...

2+ week, 5+ day ago  (901+ words) The median contract price of new single-family homes dropped by 6. 2% year-over-year and by 11. 2% from two years ago, and by 15% from the peak, to $387, 400 in March, the lowest since July 2021 (blue in the chart), according to data from the Census Bureau…...

3+ week, 2+ day ago  (662+ words) Asking rents " the rents that landlords advertise for their vacant rental properties " soared during the pandemic. But not in lockstep across different markets. And in some markets, rents have started to decline, while they continue rising in others. And asking…...

1+ mon, 3+ day ago  (769+ words) Regionally, pending sales ticked up from near record lows in the South and the Northeast and fell in the West and Midwest. In January, national pending sales had dropped to a record low in the data (which goes back to…...

1+ mon, 4+ day ago  (948+ words) In 31 bigger markets, prices of mid-tier condos through March have dropped between -12% and -31% from their respective peaks. In five of them, prices dropped by over 20%. The 25 most salient of those markets are shown in charts below, plus the City of…...

1+ mon, 2+ week ago  (408+ words) In some of the 19 largest countries by GDP in the European Union (EU) and in the European Economic Area (EEA), prices of existing homes of all types have skyrocketed to new highs, led by Hungry (+23. 7% year-over-year), Portugal (+20. 9% year-over-year), and Bulgaria…...