Smaller metro areas are seeing sharp home-price increases: SmartAsset

While major cities are often the bellwethers when it comes to home-price trends, a SmartAsset analysis of Zillow data released Thursday shows that some secondary and tertiary U.S. metro areas are leading the way for home-price appreciation.SmartAsset, a personal finance and fintech website, ranked t
Read MoreHUD joins other federal agencies to update climate resiliency plans

The U.S. Department of Housing and Urban Development (HUD) announced on Friday that it has joined more than 20 other federal agencies to update its climate adaptation plan in furtherance of the White House’s national climate resilience framework. As the nation’s resources are further strained by the
Read MoreExisting-home sales drop even as prices hit all-time high: NAR

Low levels of for-sale inventory, high mortgage rates, and record-high home prices continue to hamper existing-home sales.According to the May 2024 existing-home sales report from the National Association of Realtors (NAR), sales volume fell 2.8% year over year to an annualized rate of 4.11 million.
Read MoreAre housing permits showing recession risk?

On a recent HousingWire Daily podcast, I explored the question of whether construction labor was finally showing a recession risk. Today’s housing starts data has further solidified this trend, which we’ve been tracking for several months: construction labor is at risk, serving as a potent leading i
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