Housing starts softened in April after March’s sharp increase, though year-over-year comparisons remain slightly positive as the housing market navigates shifting seasonal patterns. In the New Residential Construction report from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau, new housing starts were down 2.8% from March to a seasonally adjusted…
Buyers appear to be continuing to dip their toes in the market at a modest rate, according to the latest data from the National Association of Realtors® (NAR). While pending activity is less than the hoped-for spring boom, it is still historically better despite consistent market and economic challenges. NAR’s April Pending Home Sales report…
As some sales activity picked up toward the end of the spring season, with housing starts seeing an unexpected boost, the latest data from the National Association of Home Builders (NAHB) observed a slight pickup in homebuilder confidence. However, as market and economic challenges persist, builders still remain overwhelmingly cautious about their businesses. The May…
In the ever-going search for affordability in the market, new research identifies that while prices may be higher on newly built homes, they cost less in the long run for homebuyers than existing homes. Realtor.com®’s new report on the total cost of homeownership found that homebuyers purchasing newly built homes can save $25,335 on average…
We are now five months into 2026—rapidly approaching the halfway point—and so far the year has thrown some definite curveballs at the real estate industry. This year was widely expected to be a year of stabilization and normalization for the housing market, and Q1 (January-March) is largely the stage-setter for how the rest of the…
While home sales may not be booming in spring like many real estate professionals hoped for, according to the latest data from the National Association of Realtors® (NAR), inventory continues to increase as the potential for a strong summer market grows. NAR’s April Existing-Home Sales report saw a 0.2% month-over-month increase in sales to a…
Home-price growth continues to depreciate across multiple reports as the latest data from the National Association of Realtors® (NAR) saw improvements to affordability once again in Q1 2026. NAR’s Q1 Metropolitan Median Area Prices and Affordability data found that the national median home price was $404,300, observing only a 0.5% year-over-year increase, compared to 1.2%…
Sales of new single-family houses in March were at a seasonally adjusted annual rate of 682,000, according to estimates released jointly May 5 by the U.S. Census Bureau and the Department of Housing and Urban Development (HUD). That was 7.4% above the February rate of 635,000, and 3.3% above the March 2025 rate of 660,000.…
The worry heading into the spring 2026 housing market was that “history would repeat itself” from 2025 and lead into another “cruel summer,” as described by Realtor.com® Chief Economist Danielle Hale. Last year, “tariff-driven uncertainty and recession fears” created headwinds for the market, preventing a spring bloom or summer heat-up from taking place. This year,…
Homebuilders appear to be showing some signs of measured optimism as new construction showed significant gains against the tide of market challenges and the ongoing conflict with Iran, according to the latest data from the Department of Housing and Urban Development (HUD) and the Census Bureau. The New Residential Construction report for March (which also…
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