The median age of a first-time homebuyer has jumped from 28 years old in 1991 to 38 in 2024. Want more housing market stories ...

Many housing experts believe that the lack of supply, as explained above, is the biggest reason for the housing shortage, which in turn drives prices higher. But demand is also a factor, and one of ...

Top real-estate analyst Ivy Zelman shared forecasts for 2025 after the worst year for entry-level home affordability in four decades.

A new Zillow report shows that rent for single-family homes is growing much faster than for multi-family units.

Home sales skidded to a fresh low in 2024 as high mortgage rates and property prices kept buyers and sellers on the sidelines of the housing market. Americans sold 4.06 million previously owned homes ...

Consumers in the Midwest saw inflation increase by 3% across all items in 2024. 27 News is looking at the categories most ...

Mortgage rates topped 7% this week, a key psychological threshold, in a sign of the US housing market’s unrelenting ...

The housing market seems to have shrugged off affordability concerns, with quarterly price gains hitting 1.7% on a seasonally adjusted basis. Chief Economist Mark Palim didn't mince words ...

South Side neighborhoods dominate the city's portion of this list of the highest-rising house and condo markets in Chicago and the suburbs.