Residential Real Estate News

U.S. Homes Sold at Slowest Pace in 6 Years in March, Demand Sluggish

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April 18, 2025 6:26 AM

New data from Redfin reveals that the typical U.S. home that went under contract in March 2025 spent 47 days on the market -- the longest median time for any March since 2019.

Trump Tariffs Test U.S. Housing Markets Reliance on International Trade

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April 16, 2025 6:30 AM

With headlines dominated by new tariffs, it's natural to wonder how much each state depends on international trade. More broadly, how closely is each state's economy tied to the flow of goods across U.S. borders?

India Home Prices Nationwide Climbed 9 Percent Annually in 2024

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April 15, 2025 6:49 AM

According to data from PropEquity, a leading Indian real estate analytics firm, the weighted average asking price of residential properties across India's top nine cities increased by 9% in FY 2024-25, reaching Rs 13,197 per sq. ft., up from Rs 12,569 per sq. ft. in FY 2023-24.

U.S. Home Remodeling Industry Sentiment Declines in Early 2025

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April 14, 2025 7:02 AM

The National Association of Home Builders (NAHB) has released the first-quarter results of the NAHB/Westlake Royal Remodeling Market Index (RMI), showing a score of 63 -- a five-point drop from the previous quarter.

Canadian Home Sales Slide in February Amid U.S. Trade Tensions

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April 11, 2025 6:50 AM

Canadian home sales saw a significant decline from January to February 2025, as cautious buyers stepped back during the first full month of the ongoing trade war with the United States.

Americans Spent $603 Billion on Home Remodeling Projects in 2024

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April 10, 2025 7:01 AM

According to the National Association of the Remodeling Industry's 2025 Remodeling Impact Report, homeowner satisfaction and cost recovery from remodeling projects continue to vary widely, reflecting the diverse motivations behind home improvements.

U.S. Mortgage Demand Spikes 20 Percent in Early April as Rates Drop

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April 9, 2025 8:04 AM

According to the Mortgage Bankers Association's Weekly Mortgage Applications Survey for the week ending April 4, 2025, U.S. mortgage applications jumped 20.0% compared to the previous week.

Las Vegas Area Home Prices Uptick 4.3 Percent Annually in March

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April 8, 2025 7:01 AM

A recent report from Las Vegas Realtors reveals that local home prices remain at record levels, while the number of available listings continues to rise.

Single-Family Rent Growth in U.S. Trends Upward in 2025

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April 7, 2025 6:42 AM

According to CoreLogic's latest Single-Family Rent Index (SFRI), U.S. single-family rent prices rose 2.4% year over year in January 2025, up slightly from 2.1% in December. However, this growth is still below the 2.6% increase recorded in January 2024.

U.S. Mortgage Rates Tick Down Post Trump Tariffs Commencement

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April 4, 2025 7:01 AM

According to the latest Primary Mortgage Market Survey from Freddie Mac, the average rate for a 30-year fixed-rate mortgage in the U.S. currently stands at 6.64% as of April 3, 2025.

President Trump's 'Liberation Day' Tariffs Potential Impact on the U.S. Housing and Mortgage Markets

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April 3, 2025 7:53 AM

On April 2, 2025, President Donald Trump declared "Liberation Day" for American workers, unveiling sweeping new tariffs that could influence U.S. home prices and mortgage rates.

Baby Boomers Biggest Cohort of U.S. Home Buyers in 2025 as Millennials Decline

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April 2, 2025 7:50 AM

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

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April 1, 2025 8:57 AM

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

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March 28, 2025 10:03 AM

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

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March 27, 2025 8:44 AM

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.

Ireland Home Price Inflation Hits 8 Year High in Early 2025

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March 26, 2025 8:55 AM

The latest Daft.ie House Price Report reveals that housing prices across Ireland rose by an average of 3.7% in the first quarter of 2025. The national average listed price reached €346,048, reflecting an 11.6% increase compared to the previous year and a 35% rise since the start of the COVID-19 pandemic.

Existing Home Sales in America Uptick in February

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March 25, 2025 8:50 AM

In February 2025, existing-home sales saw a notable increase, according to the National Association of Realtors (NAR). Two major U.S. regions experienced growth in both monthly and year-over-year sales, one region remained steady, and another faced a decline.

Great Miami Area Residential Sales Decline 15 Percent Annually in February

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March 23, 2025 8:45 AM

According to new data from the Miami Association of Realtors, total residential sales in Miami-Dade County fell by 15.5% year-over-year in February 2025, declining from 1,705 to 1,440 transactions.

Mortgage Rates Uptick in Mid-March, Ending 9-Week Decline in U.S.

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March 21, 2025 8:21 AM

According to the Mortgage Bankers Association's seasonally adjusted index, total mortgage application volume fell by 6.2% compared to the previous week.

World Property Ventures Builds the Future of Real Estate with New Funding Round

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March 20, 2025 9:52 AM

Michael Gerrity, founder and CEO of World Property Ventures, believes the global property industry is poised for a major transformation. In the coming decade, rapid advancements in artificial intelligence, the explosion of market data and signals, automation, industry consolidation and tokenization will disrupt the market in ways that few are prepared for.

Real Estate News
Real Estate News