The Latest Breaking News from Housing Market

Tens of thousands of realtors are giving up on the profession after their ranks swelled earlier in the pandemic when the housing market was soaring.

"The wild pandemic-era housing market made price growth trends more local than they had been since 2009," writes Redfin economist Taylor Marr.

Toll Brothers stock jumped early Wednesday after the luxury homebuilder reported better-than-expected Q2 financials.

Zillow expects 37 regional housing markets to see at least a 7% home price jump between April 2023 and April 2024.

The average 30-year fixed mortgage rate could once again top 7%.

Fannie Mae: "We are expecting a significant slowdown in [housing] starts later this year"

As baby boomers downsize and millennials finally enter the housing market, they are in direct competition for similarly priced and sized homes.

The housing market remained soft in April, a new report by the National Association of Realtors (NAR) shows. Sales of existing homes — previously occupied properties, rather than newly built homes — resumed their long downward slide. The number of sales in April was off 3.4% from last month and…

David Miles says working from home, stalling population growth and higher interest rates will shape market

Millennials are the largest generation in the U.S., and everyone has been expecting members of this massive demographic cohort to reshape the housing market. So far, however, it hasn’t quite happened.

Bidding wars. Lack of inventory. Offers above asking price. All characteristics of the hot local housing market, these trends are now also showing up in Chicago’s rental market.