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During the second quarter of this year, only 23 percent of California households could afford to purchase the $817,950 median-priced single-family home.

Historically low mortgage rates haven’t been enough to offset Los Angeles’ escalating home prices, and affordability has taken a hit as a result.

America’s lumber shortage has gone from bad to worse, increasing the average price of a new single-family home by $35,872, according to the National Association of Home Builders (NAHB).

New residential construction is booming, but the industry is facing a significant labor shortage.

Los Angeles’ spring housing market got off to an early start in March with pending sales in both the single-family home and condominium segments posting double-digit annual gains.

Veev aims to “[reinvent] the way homes are built” by making the construction process faster, greener and more affordable.

Opting for one of these smartly-designed plans can cut down the review time from several weeks to as little as one day.

The cold snap that swept the central United States in February caused listings to plunge in tandem with the thermometer.

Los Angeles has experienced some of the sharpest rent declines in the country since the pandemic began around this time last year.

The Armory’s parking lot would be improved with a new construction housing complex consisting of studio and one-bedroom units.

According to the latest residential construction report from the Census Bureau, housing starts climbed 5.8 percent to 1.67 million annualized units last month.

Los Angeles homebuyers were given a smidgen of relief in October as home prices dipped 2.6 percent over the previous month, according to the latest data from the California Association of Realtors.

Historically low mortgage rates have not been enough offset the affordability challenges facing many homebuyers in the Los Angeles market.

Defying expectations that the market would peak in August, the total number of home sales increased by 5.8 percent month-over-month.

WalletHub compared 300 small, midsize and large cities from across the country and scored them on 24 metrics of “housing-market attractiveness and economic strength.”

Curious to see what the inside of a laneway house looks like? Considering building one yourself? Take a tour of this two-bedroom residence in Toronto’s east end.