Home sales disappoint at the end of April
Weekly single-family home sales came in 8% below the same time last year, and condo sales came in 19% fewer.
Existing home sales
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Easter-driven home sales dip masks recent growth
Last week’s pending home sales fell to 68,000 single-family contracts, a Easter lull that marks the first sub-2024 weekly tally in six weeks.
First American: Home sales are weaker than they seem
First American’s Mark Fleming said the slowdown is tied to the mortgage rate lock-in effect and older homeowners who choose to age in place.
NAR’s existing-home sales forecast for 2025 gets a haircut
The National Association of Realtors (NAR) was one of the more bullish forecasters of the 2025 housing market, but the trade group has revised its outlook.
Will mortgage rates allow for ‘peak’ homebuying season?
It’s quite obvious that stubbornly high mortgage rates slowed down early season homebuyers in the first quarter of 2025. Our weekly pending home sales data continues to run about 3% below last year.
How child care costs and commutes will impact brokerage economics in 2025
Economists Jessica Lautz and Lisa Sturtevant took to the stage at HousingWire’s Housing Economic Summit on Tuesday to examine data and trends as they forecast what this year could have in store for anxious broker-owners.
Realtor.com’s top housing markets for 2025 are in the South and West
Realtor.com’s list of the top 10 housing markets in 2025 are dominated by metro areas in the South and West regions.
Redfin’s 2025 housing market forecast predicts resilient homebuyers
Redfin forecasts home prices to rise by 4% over the course of 2025, with existing home sales between 4.1 million and 4.4 million.
Zillow’s forecast for the 2025 housing market in a word? Bumpy
Zillow expects home-price growth of 2.6% in 2025, which is largely in line with growth from this year. It also projects 4.3 million existing-home sales, with some buyers reversing the post-pandemic trend of buying for more space by choosing smaller homes.
Jump in pending home sales foreshadows positive end to the market in 2024
The 77.4 reading for NAR’s pending sales index is the highest mark since March and the third highest going back to December 2023.