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The highest share of sellers on record dropped their list price during the four weeks ending June 12 as mortgage rates shot up to levels not seen since 2008, dwindling the pool of home shoppers.Still, homebuying has never been more[...]

The median monthly asking rent in the U.S. surpassed $2,000 for the first time in May, rising 15% year over year to a record high of $2,002. That’s on par with April’s annual increase of 15%, but a slowdown from March’s 17% gain.“More[...]

The number of homes for sale fell 8% during the four weeks ending June 5, the smallest year-over-year decline since January 2020. This was more a reflection of declining homebuyer demand than of more homes being listed for sale. Tours,[...]

Sales of luxury U.S. homes fell 17.8% year over year during the three months ending April 30, the largest drop since the onset of the coronavirus pandemic sent shockwaves through the housing market. There are only two instances in the past[...]

Rental and home-sale prices increased more than 25% year over year in April in four of the five most popular second-home destinations: Phoenix, Cape Coral, FL, Naples, FL and Las Vegas. Housing costs soared in second-home hotspots even[...]