Trends

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CoreLogic: Home-price gains slowed again in July 

Specifically, prices rose 4.3% annually after growing by 4.7% in June. 

New-home sales jump in July 

July’s seasonally adjusted annual rate of 739,000 represented a 10.6% jump from June’s upwardly revised rate of 668,000. 

Existing-home sales end 4 months of declines in July 

The pace of home sales increased 1.3% from June after months of decreases, the National Association of REALTORS® said.      

Housing inventory reaches post-pandemic high as market continues to balance

The combination of rising inventory and price reductions in Denver and nationwide is creating a more buyer-friendly market.

Pending home sales regain upward momentum in June 

The National Association of REALTORS® said its Pending Home Sales Index rose 4.8% month over month. 

The most popular ways to upgrade a home in 2024 — without a huge demolition

There are plenty of ways to upgrade a home without knocking down walls or hiring a whole construction crew.

Falling mortgage rates, increased supply create opportunities for homebuyers

Despite record high prices, two factors are creating opportunities for homebuyers this summer: falling mortgage rates and rising supply.

Most American homeowners crave privacy from their neighbors

Despite spending more time than ever at home, more than half of Americans admit to hiding from their neighbors, according to a survey from Top Rail Fence.

Houzz: The top outdoor home trends for 2024

Summer is underway, and many homeowners are looking for ways to upgrade their outdoor spaces so they can enjoy the heat in style.

Median existing-home sales price hits all-time high in May 

The record-breaking sales price comes as the pace of transactions slid from April, the National Association of REALTORS® said. 

The top home trends for summer 2024

With warm weather heating up much of the United States, many homeowners are craving new summer styles for their living spaces.

Case-Shiller: Home-price index hits all-time high in March; Denver sees 2.1% gain 

The S&P CoreLogic Case-Shiller U.S. National Home Price Index has hit a new record for six of the last 12 months, as demand remains strong in the face of tight inventory.

New-home sales decline in April 

At the same time, the median price of a new home sold in April declined as well. 

Housing starts rebound in April after March slump 

New-home construction jumped 5.7% month over month after a soft March, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. 

Hotels overtake offices in residential conversions

According to a new report from RentCafe, hotels have overtaken offices as the most likely spaces to be converted into new apartments.

Renovation spending has jumped 60% since 2020

In 2020, median renovation spending was $15,000. That amount increased by 60% in three years, with the median home renovation costing $24,000 in 2023.

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