News

Millennials who took on a new rental lease in July saw their overall cost of goods and services increase 11.6% year over year, substantially higher than 8.5% for the U.S. population as a whole. The personal inflation rate for Gen Z renters[...]

Home sales dropped 19.3% year over year in July to their lowest level since the beginning of the pandemic, when the housing market was at a near standstill. That’s also the biggest annual decline in U.S. home sales in more than a year, a[...]

A high share of home sellers dropped their asking price in July, particularly in pandemic boomtowns, as they struggled to match their expectations with the reality of the cooling housing market.Nearly 70% of homes for sale in Boise, ID,[...]

Would-be sellers are reluctant to list their homes as they have begun to see prices come down. With few new listings, buyers’ newfound bargaining power is reaching its limit, especially now that demand has stabilized. And homeowners[...]

Home prices are down 6% from the record high they reached in June, bidding wars are at their lowest level in more than two years and the typical home is finally selling for under its asking price. In July 2022, 53 Austin homes sold for at least[...]