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Home Sales

Could the YIMBY movement solve America’s affordable housing shortage?

More and more U.S. cities and states are saying “yes, in my backyard” because they can hardly meet the housing needs of a growing population. The “YIMBY” movement is a political attempt to solve the country’s problems. Housing shortage by…

Existing home sales increase slightly, but prices continue to rise

The Good Brigade/Getty Images; Illustration by Austin Courregé/Bankrate Key findings According to the National Association of Realtors, existing home sales rose 1.3 percent in July 2024 from the previous month, ending four consecutive months of declines. The national median sales…

Existing home sales rise in July, home prices rise for 13th straight month while mortgage rates fall

Existing home sales rose in July as homebuyers returned to the market and mortgage rates were at their lowest levels since February. Existing home sales rose 1.3 percent from June to a seasonally adjusted annual rate of 3.95 million, the…