Home prices

Prices in New York and Las Vegas both grew more than 8% last month, according to the Case-Shiller Index.

Consumers enjoying a buoyant stock market and high house prices may feel inclined to spend more, but how much more is uncertain.

From 1984 to 2023, the median cost of a new home rose from $79,900 to $417,700, more than double the rate of overall price inflation.

But suburban owners still want to be close to downtown amenities.

People who sold a median-price home last year made more than $120,000 in profit on a typical sale, according to a new report out today from the property data company ATTOM.

Housing demand has been improving in recent months, as mortgage rates have ticked down. And while that's putting upward pressure on home prices, there are a few factors that could keep a lid on home price appreciation.

A report out Thursday from the real estate data firm ATTOM finds that a home, and all its related costs, now eat up about 34% of the average wage nationwide.

Realty firm Redfin said homes are less affordable than at any time since they started tallying the numbers 11 years ago.

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The median age of first-time homebuyers is now 35 — up from 29 in 1981. And the median age of all homebuyers is now 49 — up from 31 in 1981.