Housing markets

More homes nationwide went under contract in April compared to last spring, while inventory growth, while cooler, is returning to average historical levels.

Prices rose 0.32% last month on a seasonally adjusted basis, equal to a 3.9% annualized rate, according to ICE Mortgage Technology's mortgage monitor report.

Sales of previously owned US homes barely rose in April from a nine-month low, underscoring a sluggish housing market at the start of the spring-selling season. 

The venture, supported by Blackstone affiliate Brio Homebuilder Solutions, aims to help build more than 50,000 homes annually so they can be sold to the public, the investment giant said in a statement Monday.

The online real estate marketplace sees second-quarter adjusted earnings before interest, taxes, depreciation and amortization in a range of $150 million to $165 million, missing the average analyst estimate of $191 million.

The share of seriously underwater homeowners also grew in 45 states compared to a year ago, with the South Central region most affected, according to Attom.

The percentage of investors who view the market as better than it was a year ago fell to 36% from 45% in the winter, according to a spring survey.

The pickup in sales suggests a gradual improvement in affordability since the middle of last year is slowly generating more demand.

Mordor Intelligence expects the manufactured homes market size to expand from $28.5 billion in 2025 to $30.5 billion this year, its latest report found.

Refinances drove growth of last year's lending activity, with both the volume share and average loan size coming in noticeably higher, according to IEmergent.

Home affordability declined on a monthly basis across loan types and racial demographics, but improved from a year ago, the Mortgage Bankers Association said.

The benchmark 10-year Treasury yield topped 4.4% on April 29 — its highest level since late March — as investor anxiety mounted.

Housing starts increased 10.8% to an annual pace of 1.5 million homes in March, the highest since December 2024, according to figures released Wednesday by the Census Bureau.

More than half of the major metropolitan markets in the United States posted year-over-year price declines in February, according to a new report.

A dv01 paper finds while no one single cause exists and elements like the lack of transportation infrastructure make a return to historic affordability unlikely.

Real is acquiring Motto's parent Remax in a deal valued at $13.80 per share, as the new Real Remax Group will have "two distinct models, one platform."

Delinquencies also showed signs of overall improvement in March, despite an increase in foreclosure numbers, ICE Mortgage Technology said.

A proposed update to Basel III capital rules from federal banking regulators does not specifically include mortgage insurance as a factor in determining the risk weight for a mortgage loan held on a bank's balance sheet. Industry experts say it should.

Foreclosure auctions available jumped on both a quarterly and yearly basis, but the sales rate did not move in tandem, according to a new report.