Sales of new single-family homes rose 0.6% to a seasonally adjusted rate of 623,000 in April, according to US Census Bureau data released Tuesday
Home prices rose 4.4% in March, up from 4.2% during the previous month, according to the latest S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, released Tuesday
The market hasn't fully recovered yet, but agents in luxury markets around the US told Inman that deals are still happening and activity appears to be on the rise
Opinion
Evidence suggests that once restrictions are lifted in the hardest-hit markets, new listings rebound quickly
Homes sat on the market 15 days longer than last year during the week ending May 16, resulting in the greatest increase in time on market since 2013, according to realtor.com
Spurred by historically low interest rates, new refinances made up about $328.5 billion in total dollar volume in Q1, up 105 percent from the same period last year
The coronavirus pandemic hit Louisiana hard, and the real estate industry there suffered. But agents say their business is now on the road to recovery
As of May 10, 8.16% of all mortgages were in forbearance, up from 7.91% on May 3 — the smallest increase since March, according to the Mortgage Bankers Association
Rent grew 3 percent in March, a small drop compared to the three preceding months
Opinion
From owner-occupied to high-rises to rentals of all kinds, Windermere Chief Economist Matthew Gardner gives his take on probable outcomes for residential asset classes
A new survey conducted by CBRE Group shows that 72% of companies are planning a phased reopening, and 59% will provide masks for employees, among other safety initiatives
The National Association of Home Builders' Housing Market Index rose from 30 to 37
Although Colorado Springs ranked as the hottest market for the third consecutive month, Fort Wayne, Indiana, and Topeka, Kansas, also rose the ranks to make the top 5 hottest markets
The state ranked high largely because of investment in and support of the tech sector, as well as solid widespread internet connectivity
Page views of Redfin home listings in small towns jumped 105% year over year, while page views of homes in urban metros increased by 16%
The pandemic's chaos has upended many parts of the economy, but luxury agents believe international buyers will still gravitate toward the relative safety of the U.S. market
