For the first time since 2023, more than half of consumers say that buying a home is a better option than renting, per the latest findings from Bank of America, a potentially positive sign for the near-future housing market amid broader economic uncertainty. The bank’s 2026 Homebuyer Insights Report found that 53% of 2,000 respondents…
Affordability and decreased buyer demand continue to put downward pressure on the housing construction industry, with new-home sales seeing a significant month-to-month dip in the latest data from the Census Bureau and the Department of Housing and Urban Development. The New Residential Sales report saw new-home sales fall 7.3% to a rate of 580,000 in…
Homebuyers with kids might be advised not to land on a home too small if they intend to stay there, as a new report explains that their offspring may very likely be with them there past college years. A record 25.2 million adults under 35 lived with their parents in 2025, surpassing even the pandemic…
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Luxury remains one of the most resilient segments of real estate, seeing continued success and some new developments leading to potential growth, according to a new report from Sotheby’s International Realty®. Sotheby’s 2026 Mid-Year Luxury Outlook noted that despite overall challenges to the housing market, luxury real estate continues to perform relatively strongly, with more…
Harvard’s Joint Center for Housing Studies (JCHS) released its State of the Nation’s Housing Report 2026 on June 17 and revealed a market where activity remains restrained, demand is weakening and high costs are sidelining many would-be buyers and renters, even as new construction slowly chips away at supply shortfalls. In a livestreamed event the…
Summer arrives with a positive sign for the housing market, as the National Association of Realtors®’ (NAR) pending home sales report shows growth month-over-month and year-over-year in May 2026. Gains were felt across all four major regions of the United States. “A late spring buyer rush—even with mortgage rates not budging—is an indication of pent-up…
Home sales are expected to be modestly better in the second half of 2026, provided that inventory and housing supply continue to expand, as National Association of Realtors® Chief Economist Dr. Lawrence Yun said during the Residential Economic Issues and Trends Forum at the 2026 REALTORS® Legislative Meetings. NAR’s current forecast calls for existing-home sales…
Housing construction took a definite hit in May as inflation reached new peaks and affordability remains challenged, as seen in recent data from the U.S. Department of Housing and Urban Development and the Census Bureau. The latest New Residential Construction report saw housing starts clock in at a rate of 1,177,000 in May, down a…
Builder sentiment remains subdued as rising material costs, elevated mortgage rates and ongoing affordability challenges continue to strain the housing market. Builder confidence in the market for newly built single-family homes fell two points to 35 in June, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) released June 15.…
Despite mortgage rates remaining elevated due to ongoing economic pressures stemming from the Middle Eastern conflict, the market continues to paint a picture of resilience as this spring sees many signs grow historically better. Zillow’s May Market Report saw monthly mortgage payments on a typical home (currently valued at $368,720) clock in at $1,861 (assuming…
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