In Phoenix, the 2022 shortage was nearly 94,000 homes, an 8% increase from 2021.

The money raised will go to nonprofit organizations that support the U.S. military community.

John Johnson will be replaced by the former president and CEO of telecom-infrastructure provider Crown Castle Inc. 

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.

VA Deputy Director of Policy Michelle Corrdion announced that the department would temporarily lift its ban.

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

Horton served as chairman of D.R. Horton Inc. since it was formed in July 1991.

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. 

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

Other settlements are still awaiting final approval, including the $418 million settlement with NAR.

Zillow attributes this trend to a growing sense of nostalgia for easier times.

Yun expects existing home sales to show gains in 2024, 2025 and eight of the next 10 years.

NAR previously said the changes were expected to start in mid-July.

The typical amount donated annually was $1,000, up from $800 in 2022.

HomeServices of America is the last defendant to settle in the case.

CoStar Group Inc., a global real estate information marketplace, will acquire Matterport, which pioneered the development of “digital twins”: the 3D capture method which can deliver photorealistic, virtual home tours.