Privately owned housing starts rose 11.2% but still fell behind February 2024 activity, according to data released Tuesday. Single-family home construction rose 11.4% to 1.1M on a monthly basis. New residential housing starts beat expectations in February as builders stayed resilient amid rising costs and policy confusion, data issued Tuesday by the U.S. Census Bureau and the Department of Housing...
In January, almost 23% of sellers reduced their listing price — the highest percentage for any January since 2018, according to a new analysis by Zillow Prospective homebuyers have a better shot at beating out the competition and securing a dream home as sellers continue to lower listing prices, according to a new analysis by Zillow. Despite persistently high mortgage rates, buyers are...
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