News

Rising supply has led to rising vacancies, motivating landlords to lower asking rents, which fell 1% from a year earlier. Rents dropped in the South and the West, but continued climbing in the Midwest and Northeast.The median U.S. asking[...]

Empty-nest baby boomers own nearly 3 in 10 (28.2%) large U.S. homes. That’s twice as many as millennials with kids, who own just 14.2% of the country’s large homes. Gen Zers with kids own almost none (0.3%) of them. An additional 7.5%[...]

U.S. home-price growth slowed for the third straight month in November as a jump in new listings cooled homebuyer competition. Home prices were up 0.6% from October, the smallest monthly increase since June, and were up 6.4% from a year[...]

This week has brought a few pieces of good news to the housing market: Mortgage rates are dropping, new listings are rising and mortgage-purchase applications are up nearly 20% from their November low point. Daily average mortgage[...]

The median U.S. asking rent fell 2% year over year in November—the biggest decline since 2020—as landlords grappled with rising vacancies due to a building boom in recent years. But rents are still rising in the Midwest, partly[...]