NAR

A lackluster supply of available homes is slowing sales across South Florida — but the shortage of listings also keeps pushing prices higher as buyers have little choice but to pay more for what they want.

Maine's housing economy got a late-summer boost in August, with year-over-year increases in both home sales volume and median sale price.

Sales of previously owned homes declined to a one-year low in August as affordability continued to hamper demand and Hurricane Harvey caused a slump in Houston-area purchases.

An overwhelming majority of millennials with student loan debt do not currently own a home, and are blaming student debt for delaying their ability to purchase.

An unexpected decline in July contract signings for the purchase of previously owned homes shows the continuing impact of limited supply on the real estate market.

Homeowners are eager to hold onto the ultra-low mortgage interest rates they were able to get after the crash, and they are leery about taking a chance on a move.

An unexpected decline in sales of previously owned homes last month to the lowest level since August 2016 indicates rising prices and lean inventories are impeding faster growth in the housing market.

With inventory still low, home prices continued to rise in the second quarter of 2017.

Home prices increased 6.6% in the second quarter from a year earlier as buyers competed for a shrinking supply of listings.

Long the top choice for international buyers in the U.S., Florida also leads the country for foreign buyers selling off their real estate stakes.