Home prices

New single-family home sales decreased 17% last month to a 610,000 annualized rate, according to government data issued Tuesday.

The region of Manchester-Nashua, New Hampshire, has homes on the market for a median of 23 days and an average home price of $550,000.

While the latest data indicates ongoing demand, changes in the share of locks by category show consumers trying to adapt to market conditions, according to a report from Optimal Blue.

The five most expensive ZIP codes in the U.S. have an average median home price of more than $6 million.

Despite rising consumer confidence in the housing market, declining mortgage rates, alone, don't seem to be able to lure home buyers in, two new reports find.

Home-price gains in the U.S. slowed in July as still-high mortgage rates kept would-be buyers on the sidelines while inventory piled up.

Residential markets are set to gain momentum again with prices rising over the next few quarters as rising rents in cities support demand, according to Holzhey. 

While housing demand remains strained, national home price appreciation continued to make more room for buyers in August, according to First American.

Home selling sentiment was mostly unchanged, even though some shifts appeared on a regional basis, according to the latest Fannie Mae research.

Growth in housing costs should slow down over the next two years, but projections for 2024 were revised upward in a Fannie Mae survey of experts.