The Latest Breaking News from Housing Market

In Q1 2022, U.S. home prices as measured by Moody's Analytics were "overvalued" by 27%. Now it's 17%.

Markets in Georgia, Tennessee, Florida and North Carolina are the strongest for sellers, while the place to buy might be in the West and the Rust Belt.

"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…