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Housing Market

Affordability

More Gen Zers are Buying Homes. But It’s a Trickle, Not a Flood.

Homeownership for young Americans is a mixed bag. The homeownership rate for Gen Zers and millennials is ticking up, but both generations are tracking behind their parents.  The homeownership rate for younger generations inched up from 2024 to 2025 because affordability and inventory improved slightly. But it didn’t surge, because housing costs remained historically high, […]
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Affordability

Homebuyers Are Canceling Deals at the Highest Rate on Record

Over 40,000 U.S. home-purchase agreements were canceled in December, equal to 16.3% of homes that went under contract that month—the highest December percentage in records dating back to 2017 Cancellations were highest in Atlanta (22.5%), Jacksonville (20.6%) and San Antonio (20.6%)  Cancellations were lowest in Nassau County (3.8%), San Francisco (4.2%) and San Jose (8.9%) […]
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U.S. Home Prices Inched Up 0.1% in December

U.S. home prices rose 0.1% from a month earlier in December on a seasonally adjusted basis. Home prices increased 2.2% year over year, down from 2.6% in November and the slowest growth since 2012. Prices fell month over month in 14 major metros, up from 12 last month. The biggest declines were in Houston (-0.9%), […]
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