Housing

Amid elevated interest rates and high costs, millennials and older members of Gen Z made no gains in owning homes in 2024, Redfin data shows.

New residential building permits are down. High prices on building materials could further slow new construction.

Racial covenants were used to prevent people of color from owning property, and can partially be blamed for lingering racial wealth gaps.

Pavlina Tcherneva at Bard College says that COVID provided an opportunity to rethink the labor market, health care and housing — but we missed that opportunity.

The first listing of a destroyed home in LA's Pacific Palisades neighborhood didn't last long.

New date from Zillow suggests the time of year owners sell affects how much they get. The best time varies by region.

After the fires, contractors are likely to choose higher-value properties in Pacific Palisades than less lucrative projects in Altadena.

The average 30-year fixed-rate mortgage shot up to nearly 8% in late 2023. It fell to just above 6% last fall, bounced back above 7% in mid-January, and declined again recently.

Prices are now rising fastest in the Northeast, and slowing in some Sunbelt markets that saw big spikes early in the pandemic.

It's the first time the home improvement retailer posted gains in two years. This is partly because homeowners are renovating instead of shopping for a new home.