Home Sellers Forced To Get Flexible With Asking Price

Home Sellers Forced To Get Flexible With Asking Price

Nationwide, 6.4% of home sellers cut their asking prices during May, the highest share since November 2022. By the numbers, the median asking price dropped roughly $3,000 to $416,623, the first such decline in six months. Additionally, for-sale supply is growing more...
New Construction Activity Surges in February

New Construction Activity Surges in February

February 2024 New Residential Construction What happened New residential construction activity surged 10.7% month over month in February, reaching a rate of 1,518,000 annual housing starts (+5.9% year over year). Builder sentiment picked up for the fourth month in a...