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Home prices reached new all-time highs in March as every major metro noted month-over-month price increases.

The pace of new-home sales accelerated in April on a month-over-month and year-over-year basis as three in five builders reported demand is either on track or stronger than they expected, according to the latest Zonda New Home Market Update.

Single-family housing starts ticked up 0.4% from March to a seasonally adjusted annual rate of 1,031,000 in April, according to the U.S. Census Bureau and Department of Housing and Urban Development

With proper care and maintenance, natural stone countertop materials are durable and beautiful, and offer an alternative to quartz.

While many renters fear the longer-term consequences of renting on their financial futures, they are simultaneously unable to access the housing market due to high interest rates and prices.

In the first quarter of 2024, 93% of metros, or 205 out of 221, recorded home price gains, according to the National Association of Realtors’ latest quarterly report.

Notable inventory gains, a surge of new listings and increased activity are setting the stage for the customary peak homebuying season.

The recent spike in mortgage rates has had a more muted effect on Washington D.C.’s new-home sales than when they started their climb from record lows in 2022.

Despite rates shooting past 7%, the average new-home sales rate has been higher than a year ago, suggesting home buyers have adjusted to the new normal and are budgeting a larger portion of their income to housing.

In the January Zonda Market Ranking, the metro area was significantly overperforming compared with its long-term historical average. Home builders are ramping up new construction, and starts activity has improved over the past six months.

Single‐family housing starts rose 11.6% in February to a rate of 1,129,000, according to the U.S. Census Bureau and the Department of Housing and Urban…

Builders are reporting offering smaller homes, buying land farther from urban centers, and paring back features to help lower costs and sales prices.

Younger generations are ready to make a move in their home buying journey this year, according to the latest ServiceLink State of Homebuying Report.

Tri Pointe Homes is aiming for 17% year-over-year growth in home deliveries

The drop of mortgage rates by more than 100 basis points since their peak at 7.8% has translated into savings of approximately $366 every month, according to analysis by Realtor.com. The calculation assumes a median price of $414,000 and a 10% down payment, which results in an average monthly payment of approximately $2,385.

Existing-home sales—completed transactions that include single-family homes, townhomes, condos, and co-ops—decreased 1% from November to a seasonally adjusted annual rate of 3.78 million in December, according to the National Association of Realtors (NAR).

With 2023 in the rear view, the Zonda Advisory team, including chief advisory officer Tim Sullivan and principal Mollie Carmichael, recently analyzed data from over 900 master-planned communities across the country to determine the 10 top-selling master plans of last year.