U.S. single-family home prices rose 0.8% year over year in May 2026, with a 0.6% monthly increase, driven by buyers with strong financial means. Price growth is strongest in interior states like Illinois, Maine, and Indiana, while some previously hot markets like Rochester, NY, are cooling. Coastal high-value markets see gains fueled by tech wealth. The Sun Belt shows stabilization. Nationally, a 4.8% annual gain is projected by April 2027, but 72% of large metros remain overvalued, signaling ongoing market divergence.
Rising construction costs could slow US housing market growth in the months ahead, making planning…
Mortgage application volume was nearly unchanged, with a 0.04% increase as purchase demand rose 1%…
The average 30-year fixed mortgage rate reached 6.55%, remaining above 6.5% for nine weeks, impacting…
In Florida, it now takes the median-income household 17 months longer to save for a…
States with low taxes and living costs are ideal for retirees. Missouri, Mississippi, and Alabama…
Latest US building permits ran at annualized 1.413M, just under the 1.42M forecast, leaving issuances…