World News
Opportunity Zone Home Prices Surpass National Growth in Half of U.S. Markets
Median home prices rose in nearly half of U.S. Opportunity Zones in the first quarter of 2025, reflecting continued housing market momentum even in some of the nation's most economically distressed communities, according to a new report from property data provider ATTOM.
Spring Home Sales Sputter in U.S. as High Costs Weigh on Buyers
Sales of existing U.S. homes dropped to a seasonally adjusted annual rate of 4.2 million in April 2025, hitting their lowest level since October 2024, according to new data released by Redfin. The figure marks a 0.2% decline from March 2025, and a 1.1% drop year-over-year--breaking a seven-month streak of annual gains.
Ireland's Residential Rents Surge in Early 2025, Fastest Rise in Two Decades
Ireland's rental market continues to tighten dramatically, with average open-market rents nationwide surging to €2,053 per month in the first quarter of 2025 -- marking a 3.4% increase over just three months and the steepest quarterly jump in two decades, according to the latest Rental Report by Daft.ie.
U.S. Homebuilder Confidence Drops Sharply in May, Hits 3 Year Low
Confidence among U.S. homebuilders took a significant hit in May 2025 as ongoing economic headwinds -- including high interest rates, trade policy uncertainty, and volatile material costs -- continue to dampen sentiment across the residential construction industry.
U.S. Cities Where Renters Need $100K Salary to Live Doubles Since 2020
A new report by Zillow paints a stark picture of America's rental affordability crisis, revealing that renters in eight major U.S. cities now need to earn six-figure salaries just to comfortably afford housing - double the number of cities from five years ago.
