Author: Swapna Venugopal Ramaswamy, USA TODAY

The total value of U.S. homes was $45.3 trillion at the end of 2022, down 5% ($2.3 trillion) from a record high of $47.7 trillion in June.

Mortgage application volumes were 44% lower than the same week one year ago. The Refinance Index was 74% lower than the same week last year.

While rents rose 2.4% in January from a year earlier to $1,942, the national median was down about 2% from December.

Since at least 2016, the Empire State has topped the list for sending its residents to the Sunshine State, data from the Census Bureau shows.

HELOCs were up 41% year-over-year in the third quarter of 2022, while home equity loan originations grew 47% year-over-year in 2022.

In February 2020, the typical Black-owned home was worth 17% less than the typical home overall. By January 2023, that gap closed to 15%.

The last time pending contracts registered more than 8% monthly increase was three months after the pandemic lockdown.

Buyer incentives, along with stabilizing mortgage rates during the month of January, increased the pace of new home sales for the month.

Migration patterns during the pandemic show Gen Z has flocked to cities like Washington D.C., Columbia and Boston.