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While the housing market will not return to a fully typical state anytime soon, it is "starting to trend in that direction," economists say.

As average monthly payments approach $2k, some members of the "rent forever" set might be rethinking homeownership, researchers report.

After a slight rise last week, mortgage rates have plateaued as a shift in inventory and pricing is offering more choices for buyers, along with more approachable prices.

Despite seeing enormous increases, economists also report less competition and more indicators of stabilization in coming months.

Increased costs and a bottlenecked supply chain have resulted in a dip in home building, even putting a hold on some new home sales.

After a slight uptick last week, mortgage application volume fell this week, as rates began to rise and fear over rising COIVD cases overshadowed strong jobs reports.

After nearly a year of surging activity, interest in vacation and second homes has tailed off for the second consecutive month, falling 21% YoY in July.

High prices, seller expectations, and multiple offers are forcing more buyers to reconsider, as RE/MAX found housing supply grew in July along with demand.

The Federal Reserve Bank of Atlanta has found that affordability has declined for five consecutive months, with the supply of available homes nationwide plummeting to just one month amid continued high demand.

Agents in fiercely competitive metros report buyers making requests that were "unheard of" months ago and easing inflow with a return to office work.