By the Numbers

Home prices also will increase, with the median at more than $900,000, C.A.R. predicts. But the recent drop in mortgage rates may help would-be buyers.

The new law, which takes effect Jan. 1, allows agreements to be extended — but not automatically. It was created in response to the NAR settlement.

While touring is up, mortgage purchase applications and pending sales are subdued. Inventory shows some promise, but “extra stale” listings have increased.

August numbers were down nearly 5% from July, but came in better than a year ago and are still expected to outperform existing home sales in the coming months.

Florida, North Carolina and Texas dominate a new report sizing up the top 10 markets for real estate investment.

Housing issues have made their way into presidential politics, but federal policies are unlikely to make a dent in the undersupply in the short-term.

Existing homes sales were down 4.2% year-over-year as prices kept climbing, keeping buyers sidelined. The good news: Inventory continues to build.

Economists are divided over whether rates will continue to drop — and whether “the dam is going to break” and unleash a flood of buyers.

The board took an aggressive approach with its 50-basis point cut, and signaled that two more cuts are coming this year.

Housing starts and completions rose year-over-year, and builders expressed more confidence this month — but a significant housing shortfall remains.

While a rate cut — which could further drive down mortgage rates — would help homebuyers, there are other headwinds at play in the final months of 2024.

The downward trend hasn’t fired up buyers (yet), but predictions of more cuts this year could move rates closer to 5% and amp up the market next spring.

A bright spot in a tough market? The best time to buy in 2024 — and save upwards of $14,000 — is just weeks away, says Realtor.com.

A Fannie Mae survey found that despite sour attitudes about homebuying, there’s hope that rates and prices will decline — and a geographic divide over selling.

A mixed August jobs report has economists speculating about how deep of an interest rate cut the Federal Reserve might make on Sept. 18.

More choices and lower mortgage rates may bring out late-season buyers, and they could have an advantage over those who wait until spring.

A new report from ATTOM indicates that select counties in California, New Jersey and Illinois are most at risk of a housing market downturn.

The “free” ride may not last as officials seek solutions for a deflationary economy and a glut of homes — the mirror image of what the U.S. is dealing with.

NAR’s latest confidence survey also suggests that buyers gained some leverage this summer, but overall sales were down.

Rates are edging closer to 6%, but the downward trend still hasn’t translated into sales as potential homebuyers play the waiting game.