The total national rental vacancy rate was 7.1 percent in the third quarter of 2018, down four basis points year-over-year, and still below historical levels.
New data from the Department of Commerce show that new-home sales in December 2018 posted a seasonally adjusted annual rate (SAAR) of 621,000, down 2.4 percent annually.
Interest rates ticked up slightly last week, tamping down mortgage application volume. Total volume dropped 2.5 percent over the previous week, and 2 percent annually, per the latest index data from the Mortgage Bankers Association.
A new study ranks the best states for higher education, based on average net price, graduation rate, in-state attendance rate, student-faculty ratios, and 20-year return on investment.
Michael Tachovsky, an economics expert and consultant in real estate damage at Landmark Research Group, is weighing in on how the real estate industry can minimize future wildfire risk.
In December 2018, total residential construction spending posted the first annual loss, 1.3 percent, since 2011. But, multifamily construction spending had a record high, 3.1 percent, to a $65.2 billion annual pace.
The latest data from CoreLogic suggests that home prices will be heating up again. In January, home value growth was the slowest in seven years, up 4.4 percent annually.