Residential Real Estate News
Top Residential Real Estate News
Baby Boomers Biggest Cohort of U.S. Home Buyers in 2025 as Millennials Decline
In a notable shift in the housing market, baby boomers have surpassed millennials as the largest generational group of home buyers, according to the National Association of Realtors (NAR).
U.S. Monthly Housing Payments Hit Record High in 2025
According to Redfin, a national property brokerage, the typical U.S. homebuyer's monthly housing payment reached a record high of $2,807 in March 2025, marking a 5.3% increase from the previous year.
U.S. Pending Home Sales Uptick in February
Pending home sales rose by 2.0% in February 2025, according to the National Association of Realtors (NAR). Regional performance varied, with the Midwest and South posting gains, while the Northeast and West experienced month-over-month declines, the latter seeing a steeper drop.
Global Prime Residential Rent Slowdown Continued in Late 2024
According to the latest data from Knight Frank, prime rental growth across 16 key cities slowed in the final quarter of 2024, with rents rising by 2.2% over the past year -- the slowest pace in more than three years.
