What gets people to move? That is a question every real estate professional can answer to some degree. The big picture usually includes the five Ds (divorce, death, diapers, diamonds and diplomas), which are life circumstances that (often) necessitate a home sale and/or purchase—what economists have called non-discretionary moves. But as affordability and mortgage lock-ins…
CoStar Group announced the completion of its $800 million acquisition of Zonda—a provider of new home construction data, homebuilder software and residential real estate marketplaces. The deal was first announced back in May. CoStar stated in a release that this acquisition expands the company’s presence across the residential real estate ecosystem, extending the company’s data,…
Earlier this month, it was reported that sales of existing homes fell during June, but the latest report on sales of newly constructed homes offers modestly more positive indicators for housing. According to the latest findings from the U.S. Census Bureau and the Department of Housing and Urban Development (HUD), new single-family homes sales were…
Housing has spent 2026 running in place, and Zonda Chief Economist Ali Wolf doesn’t expect the picture to change much before 2027. Wolf delivered the national portion of Zonda’s third quarter housing market forecast webinar on Tuesday, saying that existing- and new-home sales are tracking essentially flat with 2025, with the firm now calling 2026…
As housing affordability challenges remain, the square footage of new homes is shrinking as buyers are learning to prioritize. Per findings from the economics team of data platform Zonda Home (published by New Home Source), the average new home is about 2,175 square feet as of December 2025. This is about 125 feet smaller than…