Single-family home sales slid 3.8% in August, the lowest decline since May 2022. That’s the 17th straight month of declines.

The median area for a new single-family home fell to 2,191 square feet in the second quarter — the lowest recorded size since 2010.

CoreLogic expects prices to continue to grow through next year, albeit at a more traditional pace than in the height of the pandemic. 

Those looking to buy a house will be paying a premium as inventory continues to be an issue.

Realtors entered 2,853 properties into the Multiple Listing Service during the week, up from 2,500 during the same week in 2022.

Eighteen percent of millennials — approximately one in five — believe they will never become a homeowner, according to a recent survey from Redfin.

New listings jumped ahead of 2022 volumes last month, with 12,574 properties entered into the Multiple Listing Service.

BrokeScholar examined population growth in 150 U.S. “college towns” — defined as cities with at least one major public or private university.

Luxury homes in the Dallas-Fort Worth area make up a majority of the priciest new listings from the past month.

Realtors entered 2,828 properties into the Multiple Listing Service during the week, a 5.3% increase year over year.

Pending transactions were in negative territory for most of this year, so the recent increases could bode well for future activity. 

A fifth consecutive month of increases in the S&P CoreLogic Case-Shiller U.S. National Home Price Index suggests the housing market recovery that began earlier this year is likely to continue. 

Two weeks after housing inventory turned negative, home prices posted a healthy increase, MarketNsight said. 

With 1,846 units sold during the week, closings were up from 2022 volumes for the second time this year.

First-timers made up 45% of buyers in 2022 and 37% in 2021.

Houston’s average sales price for newly constructed homes rose to $427,191 in July, up from $426,314 in June.