Housing inventory

An expanding gap between sharp home price appreciation and relatively feeble income growth dating back to 1960 brewed America's affordability crisis, according to Clever Real Estate.

The onset of summer typically comes with the largest volume of home sales, however exorbitant prices kept potential buyers at bay, according to Remax.

Home sales in metro Baton Rouge, La., were practically unchanged for the first half of 2019, with three more houses being sold than during the same period in 2018.

New-home construction fell in June for a second month as a drop in apartment building outweighed a pickup in single-family projects.

Homebuilders' optimism increased as low mortgage rates fueled demand. However, affordability constraints and the continuing scarcity of construction workers and land parcels remain concerns.

Home prices in Arlington County, Va., are likely to reach their peak in July with a median sales price of $675,640, according to the Northern Virginia Association of Realtors.

Home prices just set another record in Ada County, Idaho, with the median sale price rising to $354,405 in June. That's $11,415 higher than May's figure, also a record, and 10% higher than in June 2018.

High demand and low inventory in Spokane County, Wash., continued to push median home prices up in June.

The Buffalo Niagara housing market is tighter than ever, but there are signs that the upward pressure on home prices is starting to lose some steam.

Local home prices are trending up as the median price for a home sold in Southern Nevada in June was $304,000, up just slightly from May, according to the Greater Las Vegas Association of Realtors.